Correct Answer: Have trended down
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Microeconomics Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Microeconomics MCQ Questions
The description of an economy by stating facts is called __________________ .
The characteristics of monopoly are ____________ represented within a capitalistic economy.
The bottled water industry has experienced ________ than the carbonated beverage industry.
People employed by a seller or an auctioneer to make bids on behalf of the seller are called _____.
Excess capacity is the amount by which the _____ exceeds the quantity that the firm produces.
Goods that we cannot reach out and touch are called
Items we value or desire are called Goods
A benefit from consumption that spills over to those who are not consuming the good is called
Those who combine labor, and capital to produce services are called
Entrepreneurial ability is an ability to develop new products or _____existing products and/or production processes.