Author Question: The trade-off between current consumption and the production of capital goods is also a trade-off ... (Read 412 times)

luminitza · **on:** Jun 29, 2018

The trade-off between current consumption and the production of capital goods is also a trade-off between

A) the future cost for capital goods and future cost of consumption goods.
B) having fewer needs and more wants in the future.
C) satisfying the needs of the poor and the wants of the wealthy.
D) current consumption and future consumption.

Question 2

The demand curve for the product of a monopolistic competitor

A) is the same as the market demand curve.
B) is horizontal.
C) is vertical.
D) slopes downward.