As the price of a competitive firm's product rises, the firm's demand for labor also rises
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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In an arms race between two nations, both would be better off if _____
a. they could agree not to engage in the arms buildup b. if more countries entered the arms race c. one nation controlled more resources than the other d. a conflict broke out in another part of the world
Economics
A production possibility graph slopes down because of:
A. the law of increasing costs. B. scarcity. C. inefficiency. D. unemployment.
Economics