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Author Question: Which of the following statements about a supply curve is FALSE? A) It shows a direct (positive) ... (Read 50 times)

plus1

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on: Jun 29, 2018
Which of the following statements about a supply curve is FALSE?
 
  A) It shows a direct (positive) relationship between price and quantity supplied.
  B) It shows the quantity supplied at each specific price.
  C) It typically slopes downward to the right.
  D) It has a positive slope.

Question 2

The production possibilities curve can shift inward when
 
  A) production increases.
  B) employment increases.
  C) the stock of productive capital rises.
  D) a country experiences a natural disaster.


Laurenleakan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


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plus1

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Reply #2 on: Jun 29, 2018
Thank you


Laurenleakan

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Reply #3 on: Jun 29, 2018
No problemo


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