« previous next »

Author Question: A production possibilities curve that is bowed out or concave to the origin: a. illustrates a ... (Read 206 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
A production possibilities curve that is bowed out or concave to the origin:
 a. illustrates a tradeoff in which the opportunity cost of a good increases with the level of its production.
  b. illustrates a tradeoff in which the opportunity cost of a good decreases with the level of its production.
  c. illustrates a tradeoff in which the opportunity cost of a good is constant at all levels of production.
  d. demonstrates the fallacy of composition.

Question 2

If there were no real wealth or interest rate effect, the aggregate demand curve would still be downward sloping.
 a. True
  b. False
  Indicate whether the statement is true or false


Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 30, 2018
Thank you


Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

In nest, under production In nest, under production
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
Blood PH Curve Hemoglobin Blood PH Curve Hemoglobin
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Production of ABO blood group antigens Production of ABO blood group antigens
Video: Cerebral Cortex Animation

For a complete list of videos, visit our video library