Author Question: Which of the following concepts are illustrated by the production possibilities curve? a. scarcity ... (Read 53 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
Which of the following concepts are illustrated by the production possibilities curve?
 a. scarcity
 b. choice
 c. trade-offs
 d. all of the above

Question 2

Most economists believe that the financial crisis of 2008 began because of problems in the ____ industry.
 a. computer
 b. automotive
  c. housing
 d. banking



Christopher

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library