Which of the following would shift the supply curve for MP3 players to the right?
A) a decrease in the number of firms that produce MP3 players
B) an increase in the price of a substitute in production
C) a decrease in the price of an input used to produce MP3 players
D) an increase in consumer income (assuming that all MP3 players are normal goods)
C
Economics
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If consumers believe the price of iPads will decrease in the future, this will cause the demand for iPads to decrease now
Indicate whether the statement is true or false
Economics
A difference between the efficiency wage and the opportunity cost of labor is largely determined by
A) the number of managers. B) the costs of monitoring employees. C) the use of computers. D) none of these choices.
Economics