Author Question: Shifting resources away from producing one good in order to produce another is an example of a. ... (Read 26 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
Shifting resources away from producing one good in order to produce another is an example of
 a. Unlimited resources
  b. Limited wants
  c. Opportunity cost
  d. None of the above

Question 2

If the price of a Canadian dollar went from 0.95 US dollars to 0.98 US dollars, we would say that the US dollar has
 a. Appreciated
 b. Depreciated
 c. Not changed in value
  d. None of the above



kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library