An increase in the price of blueberries would lead to a(n)
a. increased supply of blueberries.
b. a movement up and to the right along the supply curve for blueberries.
c. a movement down and to the left along the supply curve for blueberries.
d. Both a and b are correct.
b
Economics
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Economic growth is
a. growth in inflation over time b. growth in real GDP over time c. growth in unemployment over time d. growth in net exports over time
Economics
George and Brad are waiters at a local restaurant. The female customers think that George is better looking than Brad. If George earns more than Brad, this could be an example of each of the following except
a. customer preferences. b. discrimination. c. a beauty premium. d. a compensating differential.
Economics