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

Author Question: Explain how the production possibilities frontier illustrates scarcity. What will be an ideal ... (Read 63 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Explain how the production possibilities frontier illustrates scarcity.
 
  What will be an ideal response?

Question 2

Under current guidelines, the Federal Trade Commission will likely challenge
 
  A) all mergers if the Herfindahl-Hirschman index (HHI) is 2500 or higher.
  B) a merger if the HHI is 2500 or higher and the merger increases the HHI by more than 200 points.
  C) a merger if the HHI is 2500 or higher and the merger increases the HHI by more than 50 points.
  D) a merger if the HHI is 1500 or higher and the merger increases the HHI by more than 300 points.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

The PPF illustrates scarcity because we cannot attain the points outside the frontier.

Answer to Question 2

B


maychende

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Gracias!

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid 3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
The Production Function The Production Function
Diagram illustrates how the dimensions of masculinity and femininity Diagram illustrates how the dimensions of masculinity and femininity
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library