This topic contains a solution. Click here to go to the answer

Author Question: An economy's production possibility curve will be a straight line if: a. resources are not equally ... (Read 88 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
An economy's production possibility curve will be a straight line if:
 a. resources are not equally substitutable among productive tasks.
 b. the economy experiences significant unemployment.
 c. the opportunity cost of production of a good decreases as more of it is produced.
  d. the opportunity cost of production of a good is constant as more of it is produced.

Question 2

Sticky wages and input prices can explain why profits change along a short run aggregate supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

okolip

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

d

Answer to Question 2

True




chads108

  • Member
  • Posts: 507
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library