Author Question: The PPF shifts if A) the unemployment rate falls. B) people decide they want more of one good ... (Read 65 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
The PPF shifts if
 
  A) the unemployment rate falls.
  B) people decide they want more of one good and less of another.
  C) the prices of the goods and services produced rise.
  D) the resources available to the nation change.

Question 2

Based on the table above which shows Chip's costs, if Chip shuts down in the short run, his economic loss will be
 
  A) 0.
  B) 1,000.
  C) 1,200.
  D) 4,000.



yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

yasmina

  • Sr. Member
  • ****
  • Posts: 323

 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library