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

Author Question: Which of the following can lead to permanent differentials in resource prices? a. an increase in ... (Read 40 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 30, 2018
Which of the following can lead to permanent differentials in resource prices?
 a. an increase in demand for a product produced by the resource
  b. differences in the inherent quality of resources
  c. differences in the time and money involved in developing necessary skills
  d. differences in the nonmonetary rewards of a job
  e. a lack of resource mobility

Question 2

The marginal social benefit curve for water quality slopes downward because
 a. the total benefit from clean water decreases as water becomes cleaner
  b. the added benefit from cleaner water is greater when water quality is poor than when water quality is high
  c. the added benefit from cleaner water is smaller when water quality is poor than when water quality is high
  d. the total benefit from clean water increases as water becomes cleaner
  e. people demand clean water at any price


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahm14

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

B


jazziefee

  • Hero Member
  • *****
  • Posts: 505
Reply #2 on: Jun 30, 2018
Thank you :)


leahm14

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
How to perform differentials in calculus How to perform differentials in calculus
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Video: Deglutition

For a complete list of videos, visit our video library