A movement upward and to the right along a supply curve is called a(n)
a. increase in supply.
b. decrease in supply.
c. decrease in quantity supplied.
d. increase in quantity supplied.
d
Economics
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The demand for foreign currency in the United States is a
A) direct demand. B) derived demand based on the demand for U.S. products. C) derived demand based on the demand for foreign products. D) direct demand based on the demand for U.S. dollars.
Economics
Which of the following industries can create barriers to the entry of new firms due to size and specificity?
a. A hydroelectric power plant b. A garment manufacturer exporting apparels c. An owner of a retail chain d. An automobile manufacturing company
Economics