The lower the price of medical care in general, the higher the ____________________________ medical care and the ______________________ specific items that make up medical care (such as x-rays)
A) quantity demanded of; higher the demand for
B) demand for; higher the demand for
C) quantity demanded of; lower the demand for
D) demand for; higher the quantity demanded of
A
Economics
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An open capital market affects a nation's economic growth by
a. channeling capital into productive projects and away from wasteful projects. b. rewarding investors who find the most productive projects and invest in them. c. making the lowest-cost capital available from around the world. d. all of the above.
Economics
Average product is calculated by dividing total product by the
A) amount of variable and fixed inputs employed. B) quantity of the variable input. C) quantity of the fixed input. D) production function.
Economics