Which of the following is an example of an economic trade-off that a firm has to make?
A) deciding what profit margin it desires for its products
B) whether or not consumers will buy its products
C) whether it is cheaper to produce with more machines or with more workers
D) deciding why consumers want its products
C
Economics
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A decrease in the money supply in the short run will cause an increase in planned investment spending
a. True b. False Indicate whether the statement is true or false
Economics
In economics, the term "shortage" means that the quantity demanded is greater than the quantity supplied at the existing price
a. True b. False Indicate whether the statement is true or false
Economics