According to the text, much of the increase in productivity that has occurred more recently in the fast food industry was the result of improvements in capital and technology

If ________, total efficiency units of labor will increase

A) firms hire more workers B) the number of retired people in an economy increases C) the capital stock of an economy decreases D) the rate of unemployment increases

An increase in the price of milk causes a decrease in the demand for cereal. The two products are

a. demand sensitive b. substitutes c. demand inelastic d. complements