The network of suppliers needed to make a particular product is known as
A. the supply chain.
B. net exports.
C. the nonmarket economy.
D. the network externality.
Answer: A
Economics
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As a consumer moves along an indifference curve and decreases consumption of the good on the x-axis, the consumer needs ________ of the good on the y-axis to give up an additional unit of the good on the x-axis
A) less and less B) more and more C) none D) a constant amount
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Approximately what percentage of national income consists of compensation of employees?
A. 10 per cent B. 25 per cent C. 70 per cent D. 95 per cent
Economics