In most businesses there is only one way to produce output

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

False

Economics

You might also like to view...

An employer who refuses to hire women because of the chance they may quit for childbearing purposes is engaging in statistical discrimination

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

Economics

The law of demand states that

A) consumers with more income will spend more on goods and services. B) a higher price will lead to increased sales. C) the price can never be too high for some consumers. D) quantity demanded of a good will vary inversely with the price of that good.

Economics