True/False
If the supply curve remains constant, an outward shift in the demand curve for a commodity causes the price of factors used in its production to decline.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q49: Contrast the shapes of the supply curves
Q63: Marginal land is land that is not
Q77: If the rate of interest increases, firms
Q118: A recent decline in interest rates made
Q190: One major fault with factor pricing analysis
Q202: The income of Lebron James above the
Q205: The market level of rent<br>A)is entirely determined
Q209: The marginal productivity principle says that a
Q210: Which of the following activities is most
Q212: The interest rate is determined by<br>A)government pronouncements.<br>B)market