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

Author Question: When an economy is operating efficiently, which is TRUE? A) All resources are fully employed. B) ... (Read 71 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
When an economy is operating efficiently, which is TRUE?
 
  A) All resources are fully employed.
  B) It would be possible to increase the output of 1 good without decreasing the output of the other.
  C) Resources are not fully employed or current technology is not being fully utilized.
  D) This economy is operating to the right of its production possibilities curve (PPC).

Question 2

A merger between firms that are in the same industry is called a
 
  A) conglomerate merger.
  B) horizontal merger.
  C) vertical merger.
  D) none of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


sarasara

  • Member
  • Posts: 521
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Development of an atherosclerotic plaque that progressively narrows the lumen of an artery to the po Development of an atherosclerotic plaque that progressively narrows the lumen of an artery to the po
true story true story
Groundwater Resources Groundwater Resources
Natural Resources and Industry Natural Resources and Industry
Resources from Rocks and Minerals Resources from Rocks and Minerals
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
Video: Oxygen transport - methods and oxyhemoglobin

For a complete list of videos, visit our video library