Author Question: Which of the following statements is consistent with a decrease in supply? A) Prices of raw ... (Read 52 times)

Pea0909berry · **on:** Jun 29, 2018

Which of the following statements is consistent with a decrease in supply?

A) Prices of raw material inputs have increased.
B) There has been an advance in technology.
C) Consumers' incomes have increased.
D) The market price has decreased.

Question 2

Generally, specialization leads to

A) constant opportunity costs.
B) greater productivity.
C) the production of fewer capital goods.
D) greater self-reliance.