Demand for a factor can shift for all of the following reasons except?
A. Change in demand for the final product
B. Change in the factor's price
C. Change in the price of other factors
D. Change in technology
B. Change in the factor's price
Economics
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How does an increase in the price level lead to a higher interest rate?
What will be an ideal response?
Economics
One method used to control the ability of firms to capture monopoly profit in the United States is through
a. government purchase of products produced by monopolists. b. government distribution of a monopolist's excess production. c. enforcement of antitrust laws. d. regulation of firms in highly competitive markets.
Economics