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

Author Question: Since resources are not equally substitutable across uses: a. the production possibilities curve ... (Read 128 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jun 30, 2018
Since resources are not equally substitutable across uses:
 a. the production possibilities curve will be positively sloped.
  b. the production possibilities curve will be a straight line.
 c. the production possibilities curve will be bowed outward.
  d. the production possibilities curve will be bowed inward.

Question 2

The quantity of RGDP supplied will decrease in both the short run and long run when the price level falls.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


K@

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
Gracias!

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

The production of transgenic crops The production of transgenic crops
Pair Production and Annihilation Pair Production and Annihilation
Mining Mineral Resources Mining Mineral Resources
Classic Supply - Demand Curve Classic Supply - Demand Curve
Energy Resources: Fossil Fuels Energy Resources: Fossil Fuels
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: B cells and antibodies

For a complete list of videos, visit our video library