Production of Hollywood movies is an increasing cost industry. Which of the following contributes the most to this condition?
a. The demand for carpenters to build sets
b. The demand for painters to paint the theaters
c. The demand for printers to print tickets
d. The cost of advertising for the shows
e. The cost of hiring known box-office superstars
E
Economics
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A change in weather could ____
a) shift the long-run aggregate-supply curve. b) cause a left to right movement along the long-run aggregate-supply curve. c) cause a right to left movement along the long-run aggregate-supply curve. d) not change the long-run aggregate-supply curve.
Economics
When most shocks to the economy are external, it is generally better to have
A) a flexible rate system. B) a hard peg. C) a soft peg. D) a crawling peg.
Economics