Author Question: Other things constant, when household time preferences ________, business investment tends to ... (Read 55 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?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library