General education level within a country rises significantly

Assignment Help Business Economics

Reference no: EM131101517

If the general education level within a country rises significantly over time, it is likely that Select one: a. the country's production possibilities curve will not change in any way b. the country's production possibilities curve will shift out c. the country will move to a different point along its current production possibilities curve d. the country's production possibilities curve will become convex to the origin e. the country's production possibilities curve will shift in

Reference no: EM131101517

Questions Cloud

Consumer response as overall prices change in the market : Each of the following statements is related to the AD-AS model. Using the labels below, decide whether each statement refers to the aggregate demand curve, the short-run aggregate supply curve, or both. Represents a change in consumer response as ove..

Demand increases while supply decreases : If demand increases while supply decreases for a particular good,

Identify the primary economic decision makers : One way to understand how the economy works is the circular flow model. This model demonstrates the flow of resources, goods, services, and income between households and business through the resource market and the market for goods and services. Iden..

Society-goods and services are allocated primarily : In our society, goods and services are allocated primarily based on

General education level within a country rises significantly : If the general education level within a country rises significantly over time,

The firm capital stock decreases : "When a company's depreciation is larger than its gross investment, net investment becomes negative and the firm's capital stock decreases".

Develop open discussion about international business ethics : Read the four chapter cases. Develop an open discussion about International Business Ethics. • Different Standards • Guidelines for Multinationals • Foreign Bribery • Human Rights Abuses Utilize any of the issues in one of the cases to develop your d..

Function of the distance from the central market : Consider a market centrally located in Limon, Colorado. Agricultural producers are scattered throughout the eastern plains, and all have to ship their products by truck to the central market. If a commodity is traded in the central market for $4/bu; ..

Demand and supply equations for rice : Assume a colleague at the ERS estimated the following demand and supply equations for rice in the U.S. Calculate the equilibrium price and quantity of rice in the U.S. Calculate the equilibrium price and quantity for South Korea

User Account

All Pages