As the economy nears the end of a recession, which of the following would we most likely see?
A) further decreases in consumer spending
B) falling wages relative to output prices
C) increased spending on capital goods by firms
D) increasing interest rates
C
Economics
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A change in quantity supplied of a product is the result of a change in
A) the price of the product. B) consumer income. C) the cost of producing the product. D) the state of production technology.
Economics
Paulette owns a pizza parlor. Her total cost schedule is in the above table. Her total fixed cost is equal to
A) $20. B) $35. C) $79. D) $85. E) Some amount, but more information is needed to determine her fixed cost.
Economics