This topic contains a solution. Click here to go to the answer

Author Question: As an industry's output increases, the industry's demand for the inputs that it uses will also ... (Read 76 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
As an industry's output increases, the industry's demand for the inputs that it uses will also increase.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In the market for hardwood, everything else held constant, if the rate of interest increases:
 a. the price of the hardwood will fall today.
  b. the lumberjacks will harvest fewer trees today.
  c. prices of boats and furniture will increase in the present period.
  d. the lumberjacks will harvest all the trees leaving nothing for the future.
  e. the price of the hardwood will fall in the future.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

True

Answer to Question 2

a




scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
:D TYSM


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library