Today, people changed their expectations about the future. This change
a. can cause a movement along a demand curve
b. can affect future demand but not today's demand.
c. can affect today's demand.
d. cannot affect either today's demand or future demand.
c
Economics
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Constant returns to scale (CRS) implies ________
A) constant returns to labor B) constant returns to capital C) increasing marginal products D) variable total factor productivity E) diminishing marginal products
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