The demand for goods and services decreases with a rise in employment and income.
Correct Answer:
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Q15: Internal and external economies positively contributed to
Q16: The cost of output is income to
Q17: Industrial entrepreneurs like J.P.Morgan,Henry Ford and Andrew
Q18: Entrepreneurship results in an equal distribution of
Q19: Output produced and sold always generates profits
Q21: Which of the following is an example
Q22: According to Rosenberg (2004),the U.S.economy between the
Q23: During the industrialization of the U.S.,wealth was
A)
Q24: What do diseconomies of cities include?
A) Pollution
B)
Q25: Profit-maximizing industrialists are concerned with both revenues
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