Solved

When the Prices of Final Goods and Services Increase More

Question 27

Multiple Choice

When the prices of final goods and services increase more quickly than the prices of inputs:


A) the prices of some inputs are sticky.
B) labor costs are increasing.
C) producers are making short-run decisions.
D) technology is improving.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions