If income decreases or the price of a complement rises
A) the demand curve for a normal good shifts leftward.
B) the demand curve for a normal good shifts rightward.
C) there is an upward movement along the demand curve for the good.
D) there is a downward movement along the demand curve for the good.
A
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When marginal cost is greater than average total cost, the
A) marginal cost decreases as output increases. B) marginal cost does not change as output increases. C) average total cost increases as output increases. D) average total cost decreases as output increases.
Suppose that an American company opens and operates a restaurant in Ireland. This is an example of
a. foreign direct investment. American saving is used to finance Irish investment. b. foreign direct investment. American saving is used to finance American investment. c. foreign portfolio investment. American saving is used to finance Irish investment. d. foreign portfolio investment. American saving is used to finance American investment.