Microeconomics

Replies / Views	Last post
The economic question of what to produce is often referred to as the distribution question. a. True ... Started by segrsyd	1 Replies 109 Views	Jul 1, 2018 by jesse.fleming
If dairy farmers use automatic milking machines instead of milking by hand, which economic question ... Started by lb_gilbert	1 Replies 53 Views	Jul 1, 2018 by sokh
Every economy must answer each of the following questions except one. Which is the exception? a. ... Started by genevieve1028	1 Replies 24 Views	Jul 1, 2018 by gcook
The set of mechanisms and institutions that resolve the basic economic questions is called the a. ... Started by leo leo	3 Replies 120 Views	Jul 1, 2018 by medine
Of the various types of economic systems, pure market capitalism involves the greatest government ... Started by Kthamas	1 Replies 30 Views	Jul 1, 2018 by meryzewe
Which of the following is not a characteristic of pure capitalism? a. private property rights b. ... Started by tnt_battle	1 Replies 31 Views	Jul 1, 2018 by Liddy
A major distinguishing feature between capitalist and socialist (or command) economies is that a. ... Started by chads108	1 Replies 34 Views	Jul 1, 2018 by bbburns21
Pure capitalism and a pure command system represent a. two different ways of answering the basic ... Started by anjilletteb	1 Replies 56 Views	Jul 1, 2018 by lolol
The invisible hand described by Adam Smith refers to the a. allocative role of markets and market ... Started by 2125004343	1 Replies 98 Views	Jul 1, 2018 by Hdosisshsbshs
In a command economy a. a dictator makes every economic decision b. owners can sell their ... Started by Alainaaa8	1 Replies 36 Views	Jul 1, 2018 by irishcancer18
One of the most centrally planned economies in the world today is found in a. the United States b. ... Started by jasdeep_brar	1 Replies 28 Views	Jul 1, 2018 by dawsa925
The U.S. economy is best characterized as a. pure capitalism b. a command economy c. socialism ... Started by Zoey63294	3 Replies 71 Views	Jul 1, 2018 by AmberC1996
A mixed capitalist economy is one in which a. decisions are based primarily on religion or custom ... Started by deesands	1 Replies 43 Views	Jul 1, 2018 by Rilsmarie951
When faced with a choice, a person assesses alternatives as long as the expected marginal __________ ... Started by Davideckstein7	1 Replies 28 Views	Jul 1, 2018 by adf223
All of the following are evidence of specialization except a. a solo carpenter who builds a whole ... Started by sjones	1 Replies 41 Views	Jul 1, 2018 by macybarnes
A PPF will not shift because of an increase in a. the stability of the rules of the game b. ... Started by EY67	1 Replies 21 Views	Jul 1, 2018 by jonathanballen97
A command economic system does not need to be concerned with what to produce, how to produce things, ... Started by mrsjacobs44	1 Replies 156 Views	Jul 1, 2018 by l.stuut
Recognizing the incentive power of property rights and markets, some of the most die-hard central ... Started by bclement10	1 Replies 55 Views	Jul 1, 2018 by janeli
Households act as suppliers when they provide a. goods and services to firms and governments b. ... Started by fox	1 Replies 126 Views	Jul 1, 2018 by Jayson
The movement of households from rural to urban settings reduced the degree of specialization in ... Started by crazycityslicker	3 Replies 1,136 Views	Jul 1, 2018 by hollysheppard095
The movement in U.S. population from the farms to urban areas was caused primarily by a. each ... Started by mckennatimberlake	1 Replies 186 Views	Jul 1, 2018 by aloop
Which of the following is one of the chief reasons for the increased number of married women in the ... Started by jessicacav	1 Replies 55 Views	Jul 1, 2018 by pratush dev
One explanation for the increased participation of married women in the U.S. labor force is that a. ... Started by chandani	1 Replies 52 Views	Jul 1, 2018 by pami445
The increased labor force participation of married women in the United States is most often ... Started by ss2343	1 Replies 52 Views	Jul 1, 2018 by huda
The term utility means a. satisfaction b. a low-valued good c. productivity d. adaptability e. ... Started by Mr3Hunna	1 Replies 26 Views	Jul 1, 2018 by sailorcrescent