Author Question: Which of the following concepts are illustrated by the production possibilities curve? a. scarcity ... (Read 62 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?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library