In the long run, as individuals receive higher wages, it ...
In the long run, as individuals receive higher wages, it causes
Demand for food to decrease
Demand for leisure to decrease
Supply of normal goods to decrease
Supply of labour to decrease
Correct answer is A
No explanation has been provided for this answer.
The ownership of a public limited liability company is made up of ...
A form of tax in which the poor pay a higher rate than the rich is known as ...
Economics is often described as a social science because ...
In a period of unemployment and falling prices, the government should adopt a ...
A point P, the marginal rate of substitution is ...
The following are reward for factors of production EXCEPT ...
Which of the following does NOT represent the behaviour of a monopolist ...