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

Author Question: A long line at the campus bookstore at the beginning of the term is an example of A) price ... (Read 192 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
A long line at the campus bookstore at the beginning of the term is an example of
 
  A) price rationing.
  B) an ineffective price ceiling.
  C) a non-price rationing device.
  D) an ineffective price floor.

Question 2

One of the assumptions underlying the production possibilities curve is that
 
  A) at least one of the factors of production is a free good.
  B) the quantity of the resources available for the production of economic goods is fixed over a given time period.
  C) there is at least one factor of production that is employed inefficiently.
  D) some of the factors of production are not being used.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liamb2179

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Wow, this really help

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

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?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

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.

A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe
Why are some of the letters above the red line and some letters below? Why are some of the letters above the red line and some letters below?
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u (a) The relative age ranges of different dating techniques depend upon the half-life of the system u
To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library