The nonrivalrous character of technological ideas suggests that ________
A) patent law protection is ultimately inefficient
B) technological change follows a logarithmic pattern
C) technology developed in one industry, e.g. the vodka industry, cannot be used in another industry, e.g. the automobile industry
D) ideas can be used over and over again
D
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Last week, 13 Mexican pesos could purchase one U.S. dollar. This week, it takes 11 Mexican pesos to purchase one U.S. dollar. This change in the value of the dollar will ________ exports from the United States to Mexico and ________ U.S
aggregate demand. A) increase; decrease B) increase; increase C) decrease; increase D) decrease; decrease
Explain why short-run demand for frozen fish sticks may be more price elastic in the short run than in the long run
What will be an ideal response?