Author Question: The quantity of CDs that firms plan to sell this month depends on all of the following EXCEPT the ... (Read 62 times)

cagreen833 · **on:** Jun 29, 2018

The quantity of CDs that firms plan to sell this month depends on all of the following EXCEPT the

A) number of producers of CDs.
B) quantity of CDs that people plan to buy.
C) wage rate of workers who produce CDs.
D) price of a CD.

Question 2

Increasing opportunity cost occurs along a production possibilities frontier because

A) resources are not equally productive in all activities.
B) increasing wants need to be satisfied.
C) in order to produce more of one good decreasing amounts of another good must be sacrificed.
D) production takes time.