Which of the following industries is most likely to exhibit the characteristic of free entry?
a. nuclear power
b. municipal water and sewer
c. dairy farming
d. airport security
c
Economics
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How does an increase in expected profit affect investment demand and the demand for loanable funds curve?
What will be an ideal response?
Economics
A college student's choice of a major and an occupation reflects:
a. each college student's future expectation of wage inflation. b. a lack of information on the part of the students. c. a lack of proper education and vocational training. d. the return on investment in human capital. e. the opportunity costs each college student faces.
Economics