Other things being equal, the effects of an increase in the price of computers would best be represented by which of the following?
a. A movement up along the demand curve for computers.
b. A movement down along the demand curve for computers.
c. A leftward shift in the demand curve for computers.
d. A rightward shift in the demand curve for computers.
a
Economics
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Based on the production and revenue data in the above table, what is the marginal product of the 4th worker?
A) 28 B) 6 C) 4 D) 2
Economics
A country has a trade deficit. Its
a. net capital outflow must be positive, and saving is larger than investment. b. net capital outflow must be positive and saving is smaller than investment. c. net capital outflow must be negative and saving is larger than investment. d. net capital outflow must be negative and saving is smaller than investment.
Economics