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Author Question: OPEC should supply more oil so that the world's economies can grow more rapidly. This is an example ... (Read 136 times)

mikaylakyoung

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on: Jun 29, 2018
OPEC should supply more oil so that the world's economies can grow more rapidly. This is an example of
 
  A) a normative statement.
  B) a positive statement.
  C) a decision at the margin.
  D) OPEC overcoming scarcity.

Question 2

A period of time in which the quantity of at least one factor of production used by a firm is fixed is called the
 
  A) market period.
  B) intermediate run.
  C) short run.
  D) long run.


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guyanai

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


mikaylakyoung

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  • Posts: 531
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
Wow, this really help

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