Straight-line production-possibility curves indicate that the opportunity cost of producing additional units of each good is constant.
Answer the following statement true (T) or false (F)
True
Economics
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Improvements in technology provide benefits to:
A) consumers, through lower prices. B) workers, although some jobs may be eliminated. C) firms, through lower production costs. D) all of the above.
Economics
If consumption is $800 when disposable income is $1,000 . the marginal propensity to consume (MPC) must be 0.80
a. True b. False Indicate whether the statement is true or false
Economics