A reduction in sales will generally cause
A) an increase in profit per unit of capital.
B) a decrease in profit per unit of capital.
C) no change in profit per unit of capital.
D) ambiguous effects on profit per unit of capital.
E) none of the above
B
Economics
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The income that people earn in resource or factor markets is called:
a. national income. b. personal income. c. disposable personal income. d. transfer payments. e. net national product.
Economics
A surprise hit movie shows the hero driving a Ford Mustang. Which of the following would most likely happen first?
a. The quality of Ford Mustangs would decrease. b. The price for Ford Mustangs would decrease c. The supply of Ford Mustangs would increase. d. The demand for Ford Mustangs would increase.
Economics