When a firm produces more output using the same inputs or the ...

[jazziefee]

When a firm produces more output using the same inputs or the same output using fewer inputs we say that the firm
 
  A) experiences positive technological change.
  B) will hire more workers in order to produce more output.
  C) experiences an increase in demand.
  D) is operating in the short run.

Question 2

An item has utility for a consumer if it
 
  A) generates enjoyment or satisfaction. B) is scarce.
  C) is something everyone else wants. D) has a high price.

[babybsemail]

Answer to Question 1

A

Answer to Question 2

A

[jazziefee]

Thank you

[babybsemail]

No problemo