An unseen benefit from trade is __________ from foreign suppliers that force(s) domestic firms to become more innovative and provide(s) consumers with more options and greater variety.
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Which of the following would be found on the balance sheet?
Which of the following would be found on the balance sheet?
According to the law of demand, all other things being equ…
According to the law of demand, all other things being equal,
Which of the following would be increased by a debit entry?
Which of the following would be increased by a debit entry?
A demand schedule
A demand schedule
Refer to the following graph to answer the next two question…
Refer to the following graph to answer the next two questions. According to the accompanying graph, if the price is $40, there is a ________ of ________ units.
When two goods are substitutes for each other, what will the…
When two goods are substitutes for each other, what will the cross-price elasticity be?
Dinesh loses his job as a bookkeeper at a company that build…
Dinesh loses his job as a bookkeeper at a company that builds yachts because sales are slow due to a general slowdown in the economy. This is an example of __________ unemployment.
Refer to the table below, which describes two people’s dem…
Refer to the table below, which describes two people’s demand schedules for a 20-pack of AAA batteries: Price Maia’ Demand Lin’s Demand $20.00 0 0 $18.00 1 0 $16.00 1 1 $14.00 2 1 $12.00 2 1 $10.00 3 2 $8.00 4 2 $6.00 5 3 $4.00 7 3 $2.00 9 4 Assume that the market for AAA batteries has only two consumers: Maia and Lin. According to the table above, if the price of a 20-pack is $8, the market will demand ________ packs of batteries.
An opportunity cost is
An opportunity cost is