If the price of capital decreases,the labor will.
A) demand for,increase or decrease
B) demand for,increase
C) quantity demanded of,decrease
D) quantity demanded of,increase
E) quantity demanded of,increase or decrease
Correct Answer:
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Q14: An economic model examines how a(n)affects a(n).
A)
Q15: Normative economics is
A) the prescriptive part of
Q16: What is the equilibrium wage?
A) 1
B) 2
C)
Q17: Which of the following is an exogenous
Q18: Which of the following is not a
Q20: A mathematical model
A) contains only exogenous variables.
B)
Q21: If wages are below the wage level
Q22: Which of the following is not true
Q23: The marginal concept is important in economics
Q24: Which is not a pillar of the
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