This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Any output combination along a production possibility frontier is associated with overused or ... (Read 53 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Any output combination along a production possibility frontier is associated with overused or unattainable resources.
 
  Indicate whether the statement is true or false

Question 2

What is a public good?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A public good is a good that is non-rival in consumption and its benefits are non-excludable.


09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Production efficiency. Production efficiency.
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
U.S. Output and Productivity Growth, 1870–2007 U.S. Output and Productivity Growth, 1870–2007
Role of Productivity in Determining Output per Worker, 2009 Role of Productivity in Determining Output per Worker, 2009
The Production of Cytotoxic T-lymphocytes (CTLs) The Production of Cytotoxic T-lymphocytes (CTLs)
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library