Between 1977 and 2004, the inflation-adjusted prices for an array of goods traded between countries while the inflation-adjusted prices for an array of goods not traded between countries ___________

A) fell; increased.
B) rose; increased as well.
C) fell; decreased as well.
D) rose; decreased.

Economics

Marginal cost is the _______________in variable costs that comes from using additional factors of production.

Fill in the blank(s) with the appropriate word(s).

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Economics

Explain why the shape of the demand curve will determine the how a shock to the market equilibrium affect price and quantity

What will be an ideal response?

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Economics

Between 1977 and 2004, the inflation-adjusted prices for an array of goods traded between countries __________ while the inflation-adjusted prices for an array of goods not traded between countries _____________________