d) Because of an increase in productivity, the amount of labor necessary to produce a game decrease. e) The consumers who play these games believe that a shortage of the games is developing in the economy. f) The federal government imposes a $5 tax per game on the manufacturers of electronic games.

d) Because of an increase in productivity, the amount of labor necessary to produce a game decrease. e) The consumers who play these games believe that a shortage of the games is developing in the economy. f) The federal government imposes a $5 tax per game on the manufacturers of electronic games.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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