Author Question: The government makes all economic decisions in a market economy. Indicate whether the statement ... (Read 116 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
The government makes all economic decisions in a market economy.
 
  Indicate whether the statement is true or false

Question 2

The ability of a firm or country to produce a good or service at a lower opportunity cost than other producers is called absolute advantage.
 
  Indicate whether the statement is true or false


janeli1

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library