Author Question: Which of the following will shift today's supply curve to the right? A) Input prices rise. B) ... (Read 91 times)

D2AR0N · **on:** Jun 29, 2018

Which of the following will shift today's supply curve to the right?

A) Input prices rise.
B) Sales taxes increase.
C) Prices are expected to be higher in the future.
D) Prices are expected to be lower in the future.

Question 2

If the four-firm concentration ratio for an industry is 84 percent, then

A) each of the firms account for 21 percent of total sales.
B) the four largest firms in the industry account for 16 percent of the total sales.
C) the four largest firms in the industry account for 84 percent of the total sales.
D) the remaining firms in the industry accounts for 84 percent of the total sales.