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Author Question: Which of the following is a short run adjustment? a. A bakery hiring two additional bakers. b. Two ... (Read 49 times)

ishan

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on: Jun 30, 2018
Which of the following is a short run adjustment?
 a. A bakery hiring two additional bakers.
 b. Two new firms enter the textile industry.
 c. Three firms leave the bicycle industry.
 d. A computer hardware company builds a new factory.

Question 2

The quantity of capital demanded changes when one of the nonprice determinants of demand change.
 a. True
  b. False
  Indicate whether the statement is true or false


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vickyvicksss

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


ishan

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  • Posts: 546
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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