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

Author Question: The production possibilities frontier is the boundary between A) those combinations of goods and ... (Read 30 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
The production possibilities frontier is the boundary between
 
  A) those combinations of goods and services that can be produced and those that can be consumed.
  B) those resources that are limited and those that are unlimited.
  C) those combinations of goods and services that can be produced and those that cannot.
  D) those wants that are limited and those that are unlimited.

Question 2

The law of demand implies that demand curves
 
  A) slope down.
  B) slope up.
  C) shift rightward whenever the price rises.
  D) shift leftward whenever the price rises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raenoj

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

Thanks for your help Worked like a charm.


Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Primary production is constrained by the most limiting factor. Primary production is constrained by the most limiting factor.
The two possible combinations of temporal summation. The two possible combinations of temporal summation.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
ATP Production in Cardiac Muscle ATP Production in Cardiac Muscle
Chromosome Combinations Chromosome Combinations
Video: Status Epilepticus

For a complete list of videos, visit our video library