Speculators in the financial market are:
A. debated by some as to whether they contribute to the financial system's success.
B. seen by most as necessary for the health of the financial system.
C. largely thought to be detrimental to the overall health of the financial system.
D. illegal, and often work in the "grey" markets despite this.
A. debated by some as to whether they contribute to the financial system's success.
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Which of the following would explain why Josh's Limo Service might increase its demand for limo drivers?
A) an increase in demand for limo rides, resulting in a rise in the price of a limo ride B) a decrease in the demand for limo rides C) a fall in the price of a taxi ride D) a rise in the wage paid to limo drivers
Karl has a home business that consists of only himself and his computer. If he were to analyze his operations in the form of a long run production function his isoquants would
A. be straight lines with a negative slope. B. be concave from above. C. be L shaped. D. be straight lines with a positive slope.