An increase in government regulation will shift
A. aggregate demand to the right.
B. aggregate supply to the right.
C. aggregate demand to the left.
D. aggregate supply to the left.
Answer: D
Economics
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Refer to Figure 2-8. If Vidalia chooses to produce 40 dozen orchids, how many roses can it produce to maximize production?
A) 30 dozen roses B) 50 dozen roses C) 100 dozen roses D) 150 dozen roses
Economics
A monopsonist in the labor market has
A) a perfectly elastic labor supply. B) a decreasing average variable cost. C) an upward sloping labor supply curve. D) a downward sloping marginal revenue product curve.
Economics