Author Question: Shifting resources away from producing one good in order to produce another is an example of a. ... (Read 65 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?

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

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library