Author Question: Wants, as opposed to demands A) are the unlimited desires of the consumer. B) are the goods the ... (Read 58 times)

khang · **on:** Jun 29, 2018

Wants, as opposed to demands

A) are the unlimited desires of the consumer.
B) are the goods the consumer plans to acquire.
C) are the goods the consumer has acquired.
D) depend on the price.

Question 2

An advance in technology shifts the production function upward and shifts the labor

A) demand curve leftward.
B) supply curve leftward.
C) demand curve rightward.
D) supply curve rightward.