If the price of airline tickets falls, what will happen to the demand curve for flight attendants?

a. It will shift to the right.
b. It will shift to the left.
c. The direction of the shift is ambiguous.
d. It will remain unchanged.

B

Economics

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New growth theory supports the idea that

I. economic growth can continue as long as we keep finding new ideas. II. increases in human capital can lead to greater rates of economic growth. A) I only B) II only C) Both I and II D) Neither I nor II

Economics

The value of the best alternative sacrificed to obtain something you want is referred to as

A) explicit cost. B) opportunity cost. C) marginal cost. D) sunk cost.

Economics