As new firms enter a market, the existing firms' demand curves will shift to the right
Indicate whether the statement is true or false
F
Economics
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Which of the following is an example of an unintended consequence?
a. government sponsored ad campaigns that lead to an increase in vaccinations b. rent controls that lead to a decline in the quality of rental properties c. higher property taxes that allow for better public schools d. increased airport security measures that result in safer travel
Economics
If the demand for the finished good is elastic, the demand for the resources used to produce that good will be inelastic
Indicate whether the statement is true or false
Economics