When a new generation of computers, which are faster and more powerful than the previous generation, is introduced into the resource market:
a. many firms do not change their demand for capital.
b. many firms increase their demand for capital.
c. many firms decrease their demand for capital.
d. the quantity demanded of capital declines.
e. the quantity demanded of capital increases.
b
Economics
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An increase in the sensitivity of private spending (consumption, investment, and net exports) to changes in the interest rate ________ the government purchases multiplier
A) may increase or may decrease B) will not change C) will increase D) will decrease
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What is the difference between Chinese and Indian trade in services?
What will be an ideal response?
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