This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a product becomes more popular and consumers want more produced, which of the following best ... (Read 47 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: May 24, 2019
If a product becomes more popular and consumers want more produced, which of the following best describes what happens to move more factors of production into that industry?
◦ An agency of the Federal government directs the movement of factors.
◦ The chief executive officers or presidents of corporations require that factors leave one industry and move to the other industry.
◦ Factor owners voluntarily move their factors because they want to satisfy the interests of consumers.
◦ Wages, rent, interest, and profit increase in that industry, thereby giving factors the incentive to move to that industry.
◦ Consumers increase their demand for the products and, as a result, the taxes the producers must pay decrease enabling the producers to hire more factors of production.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RYAN BANYAN on May 24, 2019

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: May 24, 2019
Thanks


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
Recombinants are produced by crossovers Recombinants are produced by crossovers
Texaco, which produced this poster, used a racist caricature to discourage absenteeism among ... Texaco, which produced this poster, used a racist caricature to discourage absenteeism among ...
Product & Process Influences - Sterile Products Product & Process Influences - Sterile Products
Use the product rule to find derivative Use the product rule to find derivative
Use the product rule to find derivative Use the product rule to find derivative
Video: Female Reproductive System - Hormonal regulation (GnRH) الجهاز التناسلي للأنثى - التنظيم الهرموني

For a complete list of videos, visit our video library