Which of the following circumstances is most likely to result from a competitive market?
a. Price controls are implemented.
b. Existing products are improved.
c. Production systems remain stagnant.
d. No new products are introduced.
b. Existing products are improved.
Economics
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In the 1870s, roughly ___ percent of immigrants came from northern and western Europe; by 1910, more than ___ percent of the total came from southern and eastern Europe
a. 10; 10 b. 20; 80 c. 40 ; 60 d. 80; 80
Economics
If households consume less at each level of disposable income, they are
A. working less. B. saving more. C. spending more. D. saving less.
Economics