Graphically, an increase in the market demand for coffee is shown by:
a. a rightward movement along the market demand curve for coffee.
b. a rightward shift in the market demand curve for coffee
c. a leftward movement along the market demand curve for coffee.
d. a leftward shift in the market demand curve for coffee.
b
Economics
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Which of the following is NOT a cause for an oligopoly to exist?
A) economies of scale B) structural dependence C) barriers to entry D) horizontal mergers
Economics
An open economy with a low saving rate (private and public) must have
A) low investment only. B) high investment only. C) a trade surplus only. D) low investment or a trade deficit. E) low investment or a trade surplus.
Economics