« previous next »

Author Question: Land used for commercial Christmas trees can also produce pulpwood. Therefore, an increase in the ... (Read 53 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
Land used for commercial Christmas trees can also produce pulpwood. Therefore, an increase in the expected market price of Christmas trees tends to
 
  A) reduce the demand for Christmas trees.
  B) increase the supply of Christmas trees.
  C) increase the cost of producing pulpwood.
  D) decrease the cost of producing pulpwood.

Question 2

If a country must decrease current consumption to increase the amount of capital goods it produces today, then it must
 
  A) be using resources inefficiently today, but will be more efficient in the future.
  B) be producing along the production possibilities frontier today and its production possibilities frontier will shift outward if it produces more capital goods.
  C) must be producing outside the production possibilities frontier and will continue to do so in the future.
  D) must not have private ownership of property and will have to follow planning authorities' decisions today and in the future.


meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Effects of introduced parasites on American chestnut trees. Effects of introduced parasites on American chestnut trees.
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
Many countries do not produce enough food and need to import food from the United States Many countries do not produce enough food and need to import food from the United States
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
Christmas kids drawing Christmas kids drawing
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library