Author Question: Suppose over the next several years the productivity of firms producing electric cars improves ... (Read 50 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
Suppose over the next several years the productivity of firms producing electric cars improves dramatically. The advance in productivity leads to
 
  A) a decrease in the supply of electric cars so that the supply curve shifts rightward.
  B) an increase in the supply electric cars so that the supply curve shifts rightward.
  C) an increase in the supply of electric cars so that the supply curve shifts leftward.
  D) a decrease in the supply of electric cars so that the supply curve shifts leftward.
  E) no change in the supply of electric cars, only a change in the quantity supplied of electric cars.

Question 2

The annual growth rate of an economy is 10 percent. The economy's GDP will double in about ________ years.
 
  A) 12 B) 10 C) 20 D) 7 E) 14



jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library