Suppose the demand for hot dogs decreases. In the short run, firms that produce hot dogs will experience a fall in prices, which will induce them to
A) decrease production and reduce the number of workers.
B) decrease production and increase the number of workers.
C) increase production and reduce the number of workers.
D) increase production and increase the number of workers.
A
Economics
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Net present value of a project equals:
A) Discounted Benefit - Discounted Cost. B) Discounted Cost × Discounted Benefit. C) Discounted Cost/Discounted Benefit. D) Discounted Benefit/Discounted Cost.
Economics
Why are command- and -control regulations less flexible than incentive based systems?
What will be an ideal response?
Economics