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

Author Question: As an economy moves from point to point along its production possibilities curve, which one of the ... (Read 119 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
on: Jun 29, 2018
As an economy moves from point to point along its production possibilities curve, which one of the following variables changes?
 
  A) the total amount of resources employed
  B) the level of technology
  C) the time frame under consideration
  D) the amount of each good or service produced

Question 2

In a monopolistically competitive market if the additional revenue generated from advertising equals the additional cost of advertising, the firm should
 
  A) advertise more to increase sales.
  B) advertise more to lower marginal costs.
  C) maintain its current amount of advertising.
  D) advertise less to decrease costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


dalyningkenk

  • Member
  • Posts: 598
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T
Production-scale tangential flow filtration system. Production-scale tangential flow filtration system.
Effect-log dose curve for the analgesic action of three narcotics and aspirin. Hydromorphone is more ... Effect-log dose curve for the analgesic action of three narcotics and aspirin. Hydromorphone is more ...
Major marma point locations. Major marma point locations.
J or U dose-response curve J or U dose-response curve
The production of a new allopolyploid species The production of a new allopolyploid species
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library