which one of the following id the factor that could cause an expansion in the production capacity? a. domestic demand b. export demand c. import substitution d. capital deeping
Added by Patricia
Step 1
Domestic Demand: If the demand for a product or service within a country increases, companies may need to expand their production capacity to meet this demand. So, this could cause an expansion in the production capacity. b. Export Demand: If there is a high Show more…
Show all steps
Your feedback will help us improve your experience
Syed Vasi and 88 other Macroeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Which of the following scenarios will shift the investment demand curve right? Select one or more answers from the choices shown. a. Business taxes increase. b. The expected return on capital increases. c. Firms have a lot of unused production capacity. d. Firms are planning on increasing their inventories.
Prashant B.
Which of the following will NOT shift a country's production possibilities frontier outward? A. An increase in the capital stock. B. An increase in the labor force. C. An advance in technology. D. A reduction in unemployment.
Prabhat T.
How does factor of production flow in the market for the factors of production? a. When domestic investment equals net capital outflow b. When demand equals the domestic investment and net capital outflow c. Household provides labor and firms use labor to make final product d. When the amount people want to save equals supply of loanable funds
Aparna S.
Recommended Textbooks
Principles of Economics
Macroeconomics
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD