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

Author Question: A temporary price differential in resource markets is a. eliminated by resource movements b. ... (Read 82 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
A temporary price differential in resource markets is
 a. eliminated by resource movements
  b. caused by a failure of firms to maximize profits
  c. eliminated by resources moving from highly-valued uses to lower-valued uses
  d. caused by Congress increasing the federal minimum wage
  e. a result of firms using the MRP = MRC rule in hiring resources

Question 2

Deforestation is occurring in tropical areas because
 a. long-run economic considerations outweigh short-run considerations
  b. global economic considerations outweigh domestic considerations
  c. tropical soil is good for growing farm crops
  d. the value of jobs created by deforestation exceeds the cost to society
  e. there is no property right to the earth's climate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Wow, this really help

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

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.

Differential Grasshopper Differential Grasshopper
Object and Word Recognition After Midsegments of Lines Have Been Eliminated Object and Word Recognition After Midsegments of Lines Have Been Eliminated
Alan Price - Poor People Alan Price - Poor People
Finish the entire session with brushing over front of the body. Apply brushing movements with ... Finish the entire session with brushing over front of the body. Apply brushing movements with ...
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library