Which of the following is a driving force underlying economic growth?
What will be an ideal response?
entrepreneurial discovery and production of improved products
Economics
You might also like to view...
A local pizzeria charges $10 for a pizza. The owner of the pizzeria wants to increase the company's total revenue. A recent market research shows that the price elasticity of demand for his pizza is about 1.5
Should the pizzeria lower or raise the price? Explain your answer.
Economics
The level of aggregate supply in the long run is not affected by
A) changes in technology. B) changes in the capital stock. C) changes in the price level. D) changes in the number of workers.
Economics