A Technological Change That Positively Affects Business Expectations Will _____

question 54

Multiple Choice

A technological change that positively affects business expectations will _____

• A) cause a rightward shift of the investment demand curve.
• B) cause a leftward shift of the investment demand curve.
• C) cause an upward movement along the investment demand curve.
• D) cause a downward movement along the investment demand curve.
• E) make the investment demand curve slope upward.

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Definitions:

Normal Profit

Normal profit is the minimum amount of profit needed for a company to remain competitive in the market, covering all its opportunity costs.

Normal Profits

The level of profit that business owners consider satisfactory or "normal", essentially covering both explicit and implicit costs, including a normal rate of return on investment.

Accounting Profits

The total revenue of a business minus the explicit costs; it's the profit figure calculated according to generally accepted accounting principles.

Total Revenues

The overall income generated by a firm or economy from its business activities, including sales of goods and services, before any expenses are deducted.