--%>
Assignment Help - homework help

Productivity related problem

Other things equal, an improvement in productivity will: A) shift the aggregate demand curve to the left. B) shift the aggregate supply curve to the left. C) shift the aggregate supply curve to the right. D) increase the price level.

   Related Questions in Microeconomics

  • Q : Selling product below cost by predatory

    Nintendo Co. of Japan has been accused of discarding its products (as selling below cost) upon the U.S. market that harms U.S. producers. When true, it is an illustration of: (w) excessive international competition. (x) protectionism. (y) aggressive advertising. (z) p

    		•
  • Q : Minimizes economic losses by

    When it is feasible for total revenue to cover all variable costs, an unregulated monopoly which does not price discriminate maximizes economic profits or else minimizes losses through producing the r

    		•
  • Q : Horizontal sum of the quantities in

    The short-run supply curve for a purely competitive industry is the horizontal total of the: (a) quantities demanded by consumers at each price. (b) prices charged by individual firms for each quantity supplied. (c) quantities supplied by established

    		•
  • Q : Present Value and Rates of Return When

    When the annual interest rate is 12 percent and a rental house can be expected to rent perpetually for $1,000 monthly, rough computation suggests the house contain a present value of: (1) $240,000. (2) $144,000. (3) $100,000. (4) $72,000. (5) $12,000.

    		•
  • Q : Creating unhealthy dependency by

    According to several critics who favor reducing welfare payments, and existing welfare programs as: (1) cannot cure poverty without substantial funding hikes. (2) are justified only when they increase total production. (3) harm poor people by creating

    		•
  • Q : Influence of good on opportunity cost

    The law of demand defines that, all as well constant, consumers will obtain: (i) More of a good, the lower its opportunity cost. (ii) Less of any good, higher the prices of its substitutes. (iii) Advertised goods more often than generic products. (iv) Greater luxuries

    		•
  • Q : Economic concept of total costs I have

    I have a problem in economics on Economic concept of total costs. Please help me in the following question. The economic concept of total costs and the bookkeeper’s concept of net costs differ as economists: (1) Place a lower value on the psychi

    		•
  • Q : Preferance of food after income rises

    Assume that, for you, lobster is an ordinary good and peanut butter is a poorer good. When your income increases, you will probably consume: (1) Greater of both goods. (2) Less of both goods. (3) Greater peanut butter and less lobster. (4) Greater lobster and less pea

    		•
  • Q : Why the slope budget line downward

    Describe why is the budget line slope downward?

    		•
  • Q : Profits and losses in long run In the

    In the long run: (i) purely competitive firms make zero economic profits. (ii) monopolistically competitive firms make zero economic profits. (iii) effective barriers to entry may permit economic profits. (iv) oligopolists and monopolists may realize

    		•