Question

otes more of its res B. Cause its producti its production possibilities curve to shift outward in the future. on possibilities curve to shift inward in the future. urces to capital investment is likely to ase the sl ope of its production possibilities curve. its production possibilities curve slope of 6. The demand curve shows A. How B The C. How muc much people are willing and able to buy at every price amount that people are willing and able to buy at a sin h people are willing and able to sell at every price people area willing and able to sell at a single price. 7. A decrease in demand refers to A. A rightward shift of the demand curve B A leftward shift of the demand curve C. An upward movement along the same downward movement along the same demand curve. tion's production possibilities curve is bowed out 8. A nat n possibilities curve is bowed out from the origin because every Asresources are not equally efficient in ea drew it this way and modern economists follow this convention C. resources are scarce. D. wants are virtually unlimited 9. DVD players and DVDs are: A. complementary goods. B. substitute goods. independent goods. Inferior goods. 10. We observe a market in which the price has risen and the quantity sold has 因increase in demand B. Increase in supply C Decrease in demand This could be caused by a(n) D. Decrease in supply

Answer 1

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