Author Question: Other things constant, when household time preferences ________, business investment tends to ... (Read 31 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Other things constant, when household time preferences ________, business investment tends to ________.
 
  A) fall; fall
  B) fall; rise
  C) rise; fall
  D) rise; rise

Question 2

Suppose that the technology used to produce computers advances. How does this change affect the supply of computers and the supply curve of computers?
 
  What will be an ideal response?



scottmt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

An advance in technology increases the supply of computers. Hence increases in technology shift the supply curve of computers rightward.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library