Author Question: Other things constant, when household time preferences ________, business investment tends to ... (Read 60 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Other things constant, when household time preferences ________, business investment tends to ________.
 
  A) fall; fall
  B) fall; rise
  C) rise; fall
  D) rise; rise

Question 2

Suppose that the technology used to produce computers advances. How does this change affect the supply of computers and the supply curve of computers?
 
  What will be an ideal response?



scottmt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

An advance in technology increases the supply of computers. Hence increases in technology shift the supply curve of computers rightward.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library