« previous next »

Author Question: The buyers and sellers in a resource market are: a. household and firms respectively. b. banks and ... (Read 50 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
The buyers and sellers in a resource market are:
 a. household and firms respectively.
  b. banks and farmers respectively.
  c. households and land owners respectively.
  d. firms and household respectively.
  e. exporters and importers respectively.

Question 2

Which of the following is likely to cause an outward shift of a production possibility curve?
 a. An increase in the price of the commodity represented on the horizontal axis
  b. A fall in the cost of producing the commodity represented on the vertical axis
  c. An improvement in the available technology
 d. A fall in the supply of resources
 e. An increase in the supply of unskilled workers


joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Elder Care Resource Phone Numbers Elder Care Resource Phone Numbers
Atlantic Cod Stocks, Grand and George Banks Atlantic Cod Stocks, Grand and George Banks
Economic objectives of firms Economic objectives of firms
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library