This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The law of increasing additional cost is due to A) scarcity. B) inefficient use of technology. ... (Read 90 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
on: Jun 29, 2018
The law of increasing additional cost is due to
 
  A) scarcity.
  B) inefficient use of technology.
  C) the fact that resources are not perfectly adaptable for alternative uses.
  D) the fact that there are always alternatives and it is costly to figure out which alternative is best.

Question 2

A maximum legal price that may be charged for a particular good or service is known as a
 
  A) price floor.
  B) price ceiling.
  C) black market.
  D) price support.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


hbsimmons88

  • Member
  • Posts: 526
Reply 2 on: Jun 29, 2018
Gracias!

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

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?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t
Additional Disorders of the Skeletal System Additional Disorders of the Skeletal System
Technology has changed our lives fundamentally. The connection to each telephone call used to have ... Technology has changed our lives fundamentally. The connection to each telephone call used to have ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Inefficient irrigation wastes water Inefficient irrigation wastes water
Food Safety and Technology Food Safety and Technology
Video: Mitochondrial Structure & ETC Protein Complexes (Protein Complexes and Electron Transport)

For a complete list of videos, visit our video library