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Author Question: Using productive resources to make capital goods requires that we A) get everyone to agree on the ... (Read 164 times)

olgavictoria

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on: Jun 29, 2018
Using productive resources to make capital goods requires that we
 
  A) get everyone to agree on the best use of those resources.
  B) get government approval of our plan to make capital goods.
  C) forgo some level of current consumption.
  D) prove that the existence of the capital goods will not cause any environmental damage.

Question 2

Which of the following statements about natural monopoly is correct?
 
  A) Governments regulate natural monopolies in order to ensure that costs of production are minimized.
  B) Governments regulate natural monopolies in order to ensure that the firm earns a normal profit.
  C) Governments regulate natural monopolies in order to prevent them from making profits.
  D) Governments regulate natural monopolies in order to keep their workers from earning wages that are too high.


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6ana001

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


olgavictoria

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Reply #2 on: Jun 29, 2018
Correct answers!


6ana001

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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