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

Author Question: The existence of scarcity means that A) there are not enough resources to satisfy unlimited human ... (Read 106 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
The existence of scarcity means that
 
  A) there are not enough resources to satisfy unlimited human wants.
  B) firms will increase their production to eliminate the scarcity.
  C) the government will step in to eliminate the scarcity.
  D) firms working with the government will allocate resources to eliminate the scarcity.

Question 2

A microeconomist would study all of the following issues EXCEPT
 
  A) the impact of a change in consumer income on the sales of corn.
  B) the impact of a snowstorm on the sales of snow shovels.
  C) the most efficient means for General Motors to produce an automobile.
  D) the effect of a change in income taxes on the nation's rate of unemployment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


savannahhooper

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Gracias!

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

A highly simplified view of the overall plan of the human body. A highly simplified view of the overall plan of the human body.
Human activity has released carbon from sequestration in long-term reservoirs Human activity has released carbon from sequestration in long-term reservoirs
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
The traditional human karyotypes derived from a normal female and a normal male The traditional human karyotypes derived from a normal female and a normal male
Human sense of smell Human sense of smell
Distribution of Fluids in a Human Body Distribution of Fluids in a Human Body
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library