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

Author Question: The principle of increasing opportunity cost leads to A) a production possibilities frontier ... (Read 200 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
The principle of increasing opportunity cost leads to
 
  A) a production possibilities frontier (PPF) that is bowed inward from the origin.
  B) a production possibilities frontier (PPF) that is bowed outward from the origin.
  C) an inward shift of the production possibilities frontier (PPF).
  D) an outward shift of the production possibilities frontier (PPF).

Question 2

Which of the following is a method used by government to cope with the situation in which production of a good creates an external benefit?
 
  A) removing property rights
  B) subsidizing production
  C) marketable permits
  D) running a lottery
  E) imposing Coasian taxes


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
:D TYSM

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Toussaint L’Ouverture leads a revolt of slaves against the French in Haiti—the first and only major Toussaint L’Ouverture leads a revolt of slaves against the French in Haiti—the first and only major
Principle of Reversibility Principle of Reversibility
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Gestalt Principle: Closure Gestalt Principle: Closure
Physics - Pressure, Density, Pascal's Principle Physics - Pressure, Density, Pascal's Principle
Examples of Polypeptide Production from Synthetic mRNAs Examples of Polypeptide Production from Synthetic mRNAs
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library