Assuming that soybeans and tobacco can both be grown on the same land, a decrease in the price of tobacco, other things being equal, causes a(n):
a. rightward shift of the supply curve for tobacco.
b. upward movement along the supply curve for soybeans.
c. rightward shift in the supply curve for soybeans.
d. leftward shift in the supply curve for soybeans.
c
Economics
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The simple accelerator theory suggests that investment will be rising when
A) output is rising. B) the growth of output is rising. C) output is high. D) the growth of output is high.
Economics
One of the aims of positive economics is to rank policies under consideration from most desirable to least desirable.
Answer the following statement true (T) or false (F)
Economics