Author Question: Technology A) is constantly changing at every point along a production possibilities curve. B) ... (Read 50 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
Technology
 
  A) is constantly changing at every point along a production possibilities curve.
  B) is the recipe for combining land, labor, physical capital, and entrepreneurship to produce a good.
  C) does not have an effect on the amount of a good a society can produce with its given resources.
  D) only changes if resources change.

Question 2

All of the following are reasons for an oligopoly to occur EXCEPT
 
  A) economies to scale.
  B) barriers to entry.
  C) independence among firms.
  D) merger.



tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

For a complete list of videos, visit our video library