Author Question: From a normative perspective, the role of the budgeting process is to allocate scarce resources to ... (Read 86 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
From a normative perspective, the role of the budgeting process is to allocate scarce resources to their most highly valued uses.
 
  a. True b. False

Question 2

If the demand curve for comic books is expressed as Q = 10,000/p, then demand has a unitary elasticity
 
  A) only when p = 10,000.
  B) only when p = 100.
  C) always.
  D) never.



asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

a

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library