Author Question: Capital goods A) are a special type of consumption goods. B) are consumed because they enhance ... (Read 148 times)

lidoalex · **on:** Jun 29, 2018

Capital goods

A) are a special type of consumption goods.
B) are consumed because they enhance the enjoyment consumers obtain from other goods and services.
C) are goods used to make consumer goods and services.
D) lead to inward shifts of a production possibilities curve.

Question 2

The two economists associated with the development of the theory of monopolistic competition were

A) Joan Robinson and Edward Chamberlin.
B) David Hume and Adam Smith.
C) John Neville Keynes and John Maynard Keynes.
D) Carl Menger and Eugen Von Bohm-Bawerk.