An increase in the price of MP3 players will result in
A) a smaller quantity of MP3 players supplied. B) an increase in the supply of MP3 players.
C) a decrease in the demand for MP3 players. D) a larger quantity of MP3 players supplied.
D
Economics
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Two reasons why an economy might operate inside of its production possibilities frontier are
a. productive efficiency and technological change b. depressions and inflation c. recessions and productive inefficiency d. opportunity costs and substitutability of resources used in production e. productive inefficiency and a decrease in the state of technology
Economics
An example of human capital is:
A. plumbing skills. B. a wrench. C. a manual on how to install a sink. D. a wedding dress.
Economics