Other things being equal, an increase in labor productivity will shift the labor supply curve to the right

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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What is true about dominant strategies in the game in Scenario 13.10?

A) "Use more caffeine" and "have a sweepstakes" are dominant strategies. B) "Use more caffeine" and "create a diet soda" are dominant strategies. C) "Make animal-shaped bottles" and "have a sweepstakes" are dominant strategies. D) "Make animal-shaped bottles" and "create a diet soda" are dominant strategies. E) There are no dominant strategies.

Economics

Explain why the market system is an organizing mechanism

Please provide the best answer for the statement.

Economics