Which of the following increases the supply of a good?
A) Prices of inputs used to produce the good rise.
B) Productivity improves.
C) Producers expect higher prices for the good in the future.
D) There is a decrease in the price of a complement in production.
E) The number of producers decreases.
B
Economics
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In economics, the difference between a firm's revenues and its costs is referred to as
A) factor payments. B) profit. C) physical capital. D) capital gains.
Economics
A practice whereby a seller charges different prices to different consumers of the same product or service is called
a. price discrimination. b. oligopolistic pricing. c. stay-out pricing. d. monopolistic pricing.
Economics