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

Author Question: Which of the statements below best illustrates the use of the market process in determining the ... (Read 54 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jul 1, 2018
Which of the statements below best illustrates the use of the market process in determining the allocation of scarce resources?
 
  A) Let's make this product because this is what we know how to do best.
  B) We should consider shifting to products where we can earn even more money.
  C) Everyone is opening video stores, why don't we?
  D) We can't stop making this product. This product gave our company its start.

Question 2

Which of the following goods has the property of rivalry?
 
  A) national defense
  B) a highway
  C) air to breath
  D) an outdoor movie screening


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Shelles

  • Hero Member
  • *****
  • Posts: 582
Reply #2 on: Jul 1, 2018
Thank you


Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jul 1, 2018
No problemo


« 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?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

The process of placing a stent in a blood vessel. (A) A catheter is used to place a collapsed stent The process of placing a stent in a blood vessel. (A) A catheter is used to place a collapsed stent
Styloid process Styloid process
The lower respiratory tract and the process of gas exchange. The lower respiratory tract and the process of gas exchange.
The respiratory system and the process of gas exchange. The respiratory system and the process of gas exchange.
Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ... Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ...
The process of pharmacokinetics The process of pharmacokinetics
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library