43. Which of the following will not cause a change in demand for crackers? a. A

Question

43. Which of the following will not cause a change in demand for crackers? a. A change in consumers' income. b. A change in the price of crackers. c. A change in the price of cheese d. A change in the number of cracker-eaters e. A change in consumers'tastes for crackers. 44. Which of the following best describes an entrepreneur? a. A person who works as an office clerk at a major corporation. b. A person who combines the factors of production to produce innovative products. c. A special type of capital Wealthy individuals who provide savings that stimulate the economy. docicion maker alwavs

Explanation / Answer

a) "B"

A change in the price of cracker will cause a change in the quantity demand not the demand for the good.

b) "B"

A person who combines the factors of production to produce innovative products.

c) "C"

As the capacity of the worker increase, it will cause an outward shift in the PPC.

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