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Author Question: Which of the following statements best summarizes why buffalo almost became extinct during the ... (Read 108 times)

Kikoku

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Which of the following statements best summarizes why buffalo almost became extinct during the 1800s?
 
  a. Hunters from the East refused to respect the buffalo as the American Indians did.
  b. Demand for buffalo meat was high in Eastern markets.
  c. No one owned a buffalo until it was killed.
   d. Buffalo do not run away upon hearing rifle shots.

Question 2

By selecting a bundle where MRS = MRT, the consumer is saying
 
  A) I value my last unit of each good equally.
  B) I am willing to trade one good for the other at the same rate that I am required to do so.
  C) I will equate the amounts spent on all goods consumed.
  D) All of the above.



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Brummell1998

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Answer to Question 1

c

Answer to Question 2

B




Kikoku

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


triiciiaa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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