One of the most important reasons for the economic growth of the U.S. in the antebellum period was market unification and falling costs of trade. Samuel F. B. Morse contributed significantly to these trends. Morse is most recognized for:
a. Inventing the telegraph.
b. Inventing the steam engine.
c. Developing the technology to power railroad engines.
d. Overseeing the building of the Erie Canal.
a. Inventing the telegraph.
Economics
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Many firms use technology to gather information on the preferences of consumers and their responses to changes in prices. This information is then used to adjust prices of the firms' goods and services. This practice is called
A) price discovery. B) yield management. C) empirical research. D) econometrics.
Economics
A man-made resource such as a building or a machine is an example of which resource?
A) entrepreneurial ability B) labor C) physical capital D) human capital
Economics