The fact that a firm is using a capital-intensive method of production means that input substitution is not possible

Indicate whether the statement is true or false

FALSE

Economics

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If a country's real GDP grows at 10% per year, its real GDP will double about every

A) 5 years. B) 7 years. C) 10 years. D) 14 years.

Economics

In most circumstances, employees pay taxes on the value of health insurance their employers provide them

Indicate whether the statement is true or false

Economics