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

Author Question: The process by which inputs are transformed to outputs is referred to as: A) production. B) ... (Read 81 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jun 29, 2018
The process by which inputs are transformed to outputs is referred to as:
 
  A) production.
  B) distribution.
  C) depreciation.
  D) absorption.

Question 2

Which of the following statements is true?
 
  A) Positive economics describes what people ought to do.
  B) Normative economics describes what people actually do.
  C) Positive economics generates objective descriptions that can be verified with data.
  D) Normative economics is free from value judgments, tastes, and preferences of economic agents.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


pepyto

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
:D TYSM

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

In nest, under production In nest, under production
The image formed on the retina is inverted. The brain rights the image as part of the interpretation The image formed on the retina is inverted. The brain rights the image as part of the interpretation
Five step nursing process Five step nursing process
The process of phagocytosis: a phagocyte engulfing bacteria or other foreign material. The process of phagocytosis: a phagocyte engulfing bacteria or other foreign material.
Metastatic process: Tumor leaving primary site to travel to other distant organs to grow. Metastatic process: Tumor leaving primary site to travel to other distant organs to grow.
The respiratory system and the process of gas exchange The respiratory system and the process of gas exchange
Video: Sperm Formation

For a complete list of videos, visit our video library