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Author Question: An economist might emphasize that our everyday use of natural resources is the product of knowledge ... (Read 40 times)

colton

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on: Jun 29, 2018
An economist might emphasize that our everyday use of natural resources is the product of knowledge by saying:
 
  A) Money is the root of all that is good about the world.
  B) Usable oil comes from our minds' innovations.
  C) A bird in the hand is worth two in the bush.
  D) You're fired.

Question 2

Refer to the figure above. If the monopolist is regulated to charge the fair-returns price for the profit-maximizing output it produces, ________.
 
  A) it makes a profit of 100
  B) it makes a profit of 200
  C) it makes a loss of 100
  D) it makes zero profit


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sierramartinez

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

B

Answer to Question 2

D


colton

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

marict

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Reply 3 on: Yesterday
:D TYSM

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