The demand for labor by a certain firm is independent of the demand for that firm's product
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
Technological progress will
A) shift the LAS curve rightward but will not shift the SAS curve. B) not shift either the LAS or the SAS curve. C) shift both the LAS and SAS curves rightward. D) shift the SAS curve rightward but will not shift the LAS curve.
Economics
A decrease in supply results in a(n)
a. decrease in demand b. increase in equilibrium quantity and a decrease in equilibrium price c. decrease in equilibrium quantity and a decrease in equilibrium price d. increase in demand e. increase in equilibrium price and a decrease in equilibrium quantity
Economics