Author Question: When business leaders become pessimistic about future sales and profits and increase their spending ... (Read 76 times)

joesmith1212 · **on:** Jun 30, 2018

When business leaders become pessimistic about future sales and profits and increase their spending on plant and equipment, their expectations are usually fulfilled.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A firm's demand curve for labor coincides with the:
a. marginal cost curve.
b. average cost curve.
c. marginal revenue curve.
d. marginal revenue product curve.