This topic contains a solution. Click here to go to the answer

Author Question: Roundabout production occurs when a. entrepreneurs hire others to work for them, rather than taking ... (Read 68 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
Roundabout production occurs when
 a. entrepreneurs hire others to work for them, rather than taking the time to produce things themselves
  b. workers avoid intermediary entrepreneurs and cooperate to produce output themselves
  c. inefficient technology is used
  d. producers make capital goods instead of consumption goods
  e. a company takes time to market shares in the company

Question 2

Which of the following is not an argument in favor of restricting trade?
 a. to preserve national security
  b. to prevent dumping
  c. to increase consumer surplus
  d. to protect infant industries
  e. to protect declining industries



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Answer to Question 1

D

Answer to Question 2

C




madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 30, 2018
Excellent


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

For a complete list of videos, visit our video library