The discovery of coal mines in a country will cause:
a. the aggregate supply curve to shift rightward
b. the aggregate supply curve to shift leftward.
c. an upward movement along the aggregate supply curve.
d. a downward movement along the aggregate supply curve.
a
Economics
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The above figure shows the market for pizza. Which figure shows the effect of an increase in the price of the tomato sauce used to produce pizza?
A) Figure A B) Figure B C) Figure C D) Figure D
Economics
In comparison to perfect competition, monopoly
A. reduces the motivation to make a profit. B. motivates greater quality innovation. C. motivates greater cost saving by management. D. reduces the motivation to innovate.
Economics