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Ugh, I don't know. Would this happen to be for Higgin's class?

Higgin's class is so hard

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15y ago

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What are the major characteristics of an indifference curve?

The three major characteristics of an indifference curve are: 1. They are negatively sloped 2. They are convex to the origin 3. Indifference curve cannot be intersected


How many stocks are traded in the Dow Jones?

Dow Jones has 30 major stocks included, that's why from time to time its referred to as a Dow30.


How will technological advances affected the production possibilities curve?

Let's briefly explore each one of these and see how they shift the curve. Probably what you hear about most in economics is how changes in technology affect the curve. For example, let's say the country discovers a new technology, such as a new computer system that improves productivity. Anything that improves the productivity of workers is good. This causes output to increase, so the production possibilities curve shifts outward, or to the right. On the other hand, let's say a major war causes destruction of capital equipment in the country. This would cause output to decrease, so in this case, the production possibilities curve shifts inward, or to the left.


Which of these events would indicate a movement along a supply curve for batteries?

Workers at a major battery factory go on strike and stop production.If there was a change in the price of batteries would indicate movement along the supply curve. For example if the battery manufacturer raised the price of AA batteries from 3.50 to 3.95 since it would cause movement along the curve. In an ideal economics situation the price would change if the demand shifts or the supply shifts or the change in price will fall back to being equal.


What was the Dow Jones Industrial Average on September 29 2008?

On September 29, 2008, the Dow Jones Industrial Average closed at 10,365.45 points. This day was significant as it marked a sharp decline in response to the ongoing financial crisis and concerns surrounding the stability of major financial institutions. The drop was part of a tumultuous period in the stock market, characterized by volatility and uncertainty.