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

Author Question: The giving up of a good or activity in order to obtain some other good or activity is called: a. a ... (Read 39 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
on: Jun 30, 2018
The giving up of a good or activity in order to obtain some other good or activity is called:
 a. a tradeoff.
  b. a cost analysis.
  c. a random choice.
  d. an opportunity cost.
  e. a sunk cost.

Question 2

The most essential economic problem is the existence of:
 a. both an increasing population and the depletion of natural resources.
  b. both limited economic resources and unlimited desires.
 c. both inflation and unemployment.
 d. income inequality and economic freedom.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Viet Thy

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


Medesa

  • Hero Member
  • *****
  • Posts: 507
Reply #2 on: Jun 30, 2018
Correct answers!


Viet Thy

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« 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?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Exploring the functional activity of brain regions by using fMRI scans. Exploring the functional activity of brain regions by using fMRI scans.
Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen
Activity of a Hippocampal Grid Cell Activity of a Hippocampal Grid Cell
Horizontal, sagittal, and coronal functional MRIs show areas of increased activity in the primary ... Horizontal, sagittal, and coronal functional MRIs show areas of increased activity in the primary ...
Perception Activity Perception Activity
Rate order question Rate order question
Video: Energy sources - types

For a complete list of videos, visit our video library