The nation's supply of productive resources increases if A) ...

[mspears3]

The nation's supply of productive resources increases if
 
  A) investment is greater than depreciation.
  B) investment equals depreciation.
  C) investment is less than depreciation.
  D) Both answers A and B can be correct.
  E) None of the above answers is correct because the relationship between investment and depreciation has no bearing on the amount of the nation's productive resources.

Question 2

The equilibrium price of a good sold in a competitive market is 10. If an individual firm decides to sell its product at a price higher than 10, ________.
 
  A) the firm's profits will increase
  B) the firm's revenue will increase
  C) the firm will lose all its consumers
  D) the firm's cost of production will decrease

[karmakat49]

Answer to Question 1

A

Answer to Question 2

C

[mspears3]

Thanks for the timely response, appreciate it

[amit]

Great answer, keep it coming