Which one of the following will shift the investment demand curve leftward?
a. A technological breakthrough.
b. Lower tax rates.
c. Optimistic business expectations.
d. A lower rate of capacity utilization.
e. None of these.
e
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As a shoe factory adds more workers, shoe production grows, reaches a maximum, and then shrinks
In a diagram that has the number of workers on the horizontal axis and the number of shoes on the vertical axis, the relationship between the number of workers and the number of shoes starts as ________ and then, after the maximum point, is ________. A) negative; positive B) positive; linear C) positive; negative D) positive; nonexistent E) linear; negative
Economists say that a market where goods are not consumed by those valuing the goods most highly is
a. laissez-faire.. b. unequal. c. inefficient. d. rational.