Oct-05
11
Questions to Ponder
ByQuestion; What do Delphi, UAL, Northwest Airlines, Delta Airlines, the city of San Diego, the steel industry, the mining industry, every state , and every school district in the nation have or about to have in common?
Question: If the demand for a product decreases while the factors of production increases; then the price of the good should [fall or rise] and the cost of the factors of production should [decrease or increase]?
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It certainly doesn’t help that they pay forklift drivers 6 figure salaries in Detroit!
http://www.detnews.com/2005/autosinsider/0509/18/A01-318432.htm