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

Author Question: Why is it necessary for all economic systems to not only provide people with goods and services, but ... (Read 59 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Why is it necessary for all economic systems to not only provide people with goods and services, but also restrict them from getting as much of these goods and services as they wish?
 
  A) Failure to do this could lead to drastic shortages of goods and services.
  B) Failure to do this could reduce the efficiency of the system by producing some goods and services that are not as highly valued as others.
  C) Failure to do this could reduce efficiency and lead to an inequitable allocation of output.
  D) Failure to do this could lead to an inequitable allocation of goods and services produced.

Question 2

How do oligopolistic firms that sell differentiated products determine their prices?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mathjasmine

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Gracias!

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

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?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Representative nervous systems throughout the animal kingdom. Representative nervous systems throughout the animal kingdom.
Alan Price - Poor People Alan Price - Poor People
Economic Globalization Economic Globalization
Relationship between Economic Openness and GDP per Capita Relationship between Economic Openness and GDP per Capita
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
economic question economic question
Video: Neurosynapse Animation

For a complete list of videos, visit our video library