Technological change is generally

A. slow across the board.
B. always manageable through government intervention.
C. very uneven.
D. evenly divided across industries.

Answer: C

Economics

You might also like to view...

In the above figure, consumption expenditure is shown by flow

A) A. B) B. C) C. D) F.

Economics

A prisoner's dilemma is a situation in which

a. a change in marginal cost may not lead to a change in price b. a firm's competitors follow a price increase but ignore a price decrease c. oligopolists behave irrationally d. oligopolists attempt to maximize sales rather than profits e. an oligopolists demand curve may become perfectly inelastic

Economics