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Author Question: Under perfect competition in the resource market, the marginal factor cost curve: a. is positively ... (Read 50 times)

audie

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on: Jun 30, 2018
Under perfect competition in the resource market, the marginal factor cost curve:
 a. is positively sloped.
  b. is vertical.
  c. is negatively sloped.
  d. is horizontal.
  e. does not exist.

Question 2

Which of the following is a possible cause of an increase in the demand for health care?
 a. A young population
 b. A fall in the purchasing power of households
  c. An aging population
 d. A fall in the total population of a country
 e. Technological advancement


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kmb352

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


audie

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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