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

Author Question: Which of the following economists rejected the notion that economic growth was caused by the ... (Read 129 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
Which of the following economists rejected the notion that economic growth was caused by the evolution of commercial society?
 
  A) Adam Smith
  B) Paul Heyne
  C) Karl Marx
  D) All of the above.
  E) None of the above.

Question 2

What effect on the price of hiring a lawyer to draw up a will would the opportunity-cost theory predict as a consequence of legislation requiring the use of a lawyer in all real estate transactions?
 
  A) A higher price as the market becomes flooded with lawyers.
  B) A higher price as lawyers find it costs them more to draw up wills
  C) No effect because prices are determined by demand, not by cost.
  D) A lower price as the market becomes flooded with lawyers
  E) A lower price as lawyers find they can now obtain their desired income level with lower fees


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chocorrol77

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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?

Thyroid conditions may make getting pregnant impossible.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Elrathia kingii growth series with holaspids ranging from 16.2 mm to 39.8 mm in length Elrathia kingii growth series with holaspids ranging from 16.2 mm to 39.8 mm in length
Placenta previa. The condition is caused by the development of the placenta over the cervical canal, Placenta previa. The condition is caused by the development of the placenta over the cervical canal,
Forest products and the economic value Forest products and the economic value
Role of Factors of Production in Determining Growth, 1975–2009 Role of Factors of Production in Determining Growth, 1975–2009
economic question (having trouble) economic question (having trouble)
economic question (having trouble) economic question (having trouble)
Video: Electrical Conduction System of the Heart

For a complete list of videos, visit our video library