The Concept of "Demand-Determined Output" Requires ________ to Remain Constant

question 96

Multiple Choice

The concept of "demand-determined output" requires ________ to remain constant as output increases.

• A)technology of production
• B)government purchases
• C)firms' unit costs
• D)labour productivity
• E)the ratio of price setters to price takers

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Definitions:

Formula Error

Occurs when a formula in a software application, like a spreadsheet, is incorrectly written or references invalid data, resulting in incorrect or unexpected outcomes.

Named Ranges

In spreadsheet applications, a feature that allows users to assign a memorable name to a particular range of cells for easier reference.

Formula Errors

Refers to mistakes or issues within computational expressions in spreadsheet software, causing incorrect results or failures.

PMT Function

It is a financial function that calculates the payment for a loan based on constant payments and a constant interest rate.