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

Author Question: When an economy is operating efficiently, which is TRUE? A) All resources are fully employed. B) ... (Read 42 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
When an economy is operating efficiently, which is TRUE?
 
  A) All resources are fully employed.
  B) It would be possible to increase the output of 1 good without decreasing the output of the other.
  C) Resources are not fully employed or current technology is not being fully utilized.
  D) This economy is operating to the right of its production possibilities curve (PPC).

Question 2

A merger between firms that are in the same industry is called a
 
  A) conglomerate merger.
  B) horizontal merger.
  C) vertical merger.
  D) none of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


sarasara

  • Member
  • Posts: 521
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

true story true story
Fully Convective Star Fully Convective Star
buffers commonly employed for biochemical studies buffers commonly employed for biochemical studies
A Tough Economy ...for students A Tough Economy ...for students
Marine pollution threatens resources and marine life Marine pollution threatens resources and marine life
Trends in employed mothers with a child/children younger than 3 years of age Trends in employed mothers with a child/children younger than 3 years of age
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library