Author Question: The supply of a renewable resource is perfectly elastic. Indicate whether the statement is true ... (Read 134 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
The supply of a renewable resource is perfectly elastic.
 
  Indicate whether the statement is true or false

Question 2

Diminishing marginal returns and diseconomies of scale are two different names for the same thing.
 
  Indicate whether the statement is true or false



bimper21

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

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

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library