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Author Question: Firms stop producing DVDs and start producing Blu-ray discs because people prefer Blu-ray discs ... (Read 1105 times)

crazycityslicker

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Question 1

Resources are allocated efficiently when


◦ everyone can afford what they want.
◦ production occurs at least cost.
◦ output is fairly distributed.
◦ profits are maximized.

Question 2

Firms stop producing DVDs and start producing Blu-ray discs because people prefer Blu-ray discs discs to DVDs. This will


◦ make the distribution of outcome more equitable.
◦ make the economy more stable.
◦ improve efficiency.
◦ make the economy less stable.


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Marked as best answer by crazycityslicker on Apr 19, 2019

lauravaras

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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