Author Question: The opportunity cost of more consumption of goods today is A) lower consumption of goods in the ... (Read 103 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
The opportunity cost of more consumption of goods today is
 
  A) lower consumption of goods in the future.
  B) fewer capital goods in the future.
  C) more capital goods today.
  D) more unemployment both today and in the future.

Question 2

If more foreign auto plants relocate to the United States, we would expect
 
  A) the U.S. supply curve for automobiles to shift to the right.
  B) the U.S. supply curve for automobiles would shift to the left.
  C) that the U.S. auto market would not respond.
  D) that U.S. auto demand might change, but U.S. auto supply would remain static.



stano32

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

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library