« previous next »

Author Question: An initial allocation of goods is called a(n) A) endowment. B) inheritance. C) pareto set. D) ... (Read 70 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jul 1, 2018
An initial allocation of goods is called a(n)
 
  A) endowment.
  B) inheritance.
  C) pareto set.
  D) general equilibrium goods set.

Question 2

Suppose each worker must use only one shovel to dig a trench, and shovels are useless by themselves. In the short run, an increase in the price of shovels will result in
 
  A) fewer shovels being purchased.
  B) more workers being hired.
  C) a decrease in the firm's output.
  D) no change in the firm's output.


meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Inheritance of an X-linked recessive disorder Inheritance of an X-linked recessive disorder
Initial velocities of enzyme-catalyzed reactions Initial velocities of enzyme-catalyzed reactions
Traits With Single-Gene Dominant–Recessive Inheritance Traits With Single-Gene Dominant–Recessive Inheritance
Patterns of Inheritance for Eye Color Patterns of Inheritance for Eye Color
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Inheritance of coiling in the snail Lymnaea peregra Inheritance of coiling in the snail Lymnaea peregra
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library