If the price of capital falls, _____
a. the supply of capital increases
b. the quantity supplied of capital decreases
c. the quantity supplied of capital increases
d. the quantity supplied of capital remains unchanged
e. the supply of capital decreases
b
Economics
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Economists use a preference map to illustrate that
A) more is better than less. B) preferences are transitive. C) preferences are complete. D) All of the above.
Economics
The amount of revenue the government collects after imposing the tariff is ________.
A. $1,000 B. $40,000 C. $10,000 D. $4,000
Economics