This topic contains a solution. Click here to go to the answer

Author Question: Economists develop models to A) capture every detail of the real world. B) make their arguments ... (Read 32 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
Economists develop models to
 
  A) capture every detail of the real world.
  B) make their arguments more realistic.
  C) justify the assumptions they make about people's behavior.
  D) help us understand economic phenomena in the real world.

Question 2

The production possibilities curve shows all possible combinations of
 
  A) two goods that are desired by society.
  B) two goods that can be efficiently produced with a given set of resources.
  C) two goods that can be purchased given the prices of the goods.
  D) two goods that two countries can trade with each other.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

D

Answer to Question 2

B




jlmhmf

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Wow, this really help


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

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

For a complete list of videos, visit our video library