Which of the following shifts long-run aggregate supply right?
a. an increase in either technology or the human capital stock.
b. an increase in human capital but not technology.
c. an increase in technology, but not the human capital stock.
d. neither an increase in technology nor the human capital stock.
a
Economics
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Use the concept of diminishing marginal utility to explain why we would be more likely to see an all you can eat pizza buffet rather than an all you can carry sunglass "buffet."
Economics
In perfect competition, at the firm's profit maximizing short run output, which of the following is true? a. Marginal revenue equals marginal cost
b. Price equals marginal cost. c. It could be earning either economic profits or losses. d. All of the above are true.
Economics