This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements is consistent with an increase in supply? A) The price of labor ... (Read 58 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
Which of the following statements is consistent with an increase in supply?
 
  A) The price of labor input has increased.
  B) There has been an advance in technology.
  C) Consumers' incomes have increased.
  D) The market price has decreased.

Question 2

If a country's production possibilities curve gets more bowed out over time, it is an indication that
 
  A) technological change has taken place.
  B) society is learning to use its resources more efficiently.
  C) the quantity of labor and capital have increased.
  D) resources have become more highly specialized.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

T4T

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


maegan_martin

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Medication errors are three times higher among children and infants than with adults.

The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
Increase in rainfall on continents Increase in rainfall on continents
Greenhouse gases increase in the stratosphere Greenhouse gases increase in the stratosphere
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Three queens, fertile females in species that have a reproductive division of labor. Three queens, fertile females in species that have a reproductive division of labor.
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library