« previous next »

Author Question: The demand curve of a commodity slopes downward because of: a. the insatiable nature of human ... (Read 55 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The demand curve of a commodity slopes downward because of:
 a. the insatiable nature of human wants.
  b. the presence of double coincidence of wants.
  c. the law of demand.
  d. the scarcity of goods and services in an economy.
  e. the law of diminishing marginal utility.

Question 2

Capital accumulation causes the production possibilities curve to shift inward over time.
 a. True
  b. False
  Indicate whether the statement is true or false


laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

The human skeleton The human skeleton
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
A cerebral angiogram of a healthy human subject. A cerebral angiogram of a healthy human subject.
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Annotation of a DNA sequence containing part of the human globin gene Annotation of a DNA sequence containing part of the human globin gene
Locus control and developmental expression of human globin–complex genes Locus control and developmental expression of human globin–complex genes
Video: Introduction to Insulin

For a complete list of videos, visit our video library