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Author Question: Refer to the above figure. If the farmer is growing 8,000 bushels of beans and 8,000 bushels of ... (Read 179 times)

formula1

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on: Jun 29, 2018
Refer to the above figure. If the farmer is growing 8,000 bushels of beans and 8,000 bushels of wheat, then we know that
 
  A) the farmer is not using resources efficiently.
  B) the farmer is using more land for wheat than for beans.
  C) the farmer should increase the amount of wheat grown and reduce the amount of beans.
  D) the farmer cannot be using the amount of land that was used to construct the curve.

Question 2

When constructing economic models, economists are more concerned with
 
  A) what people say than what they do.
  B) what people think than what they say.
  C) what people do than what they say.
  D) what people say than what they do or think.


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Ahernandez18

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

A

Answer to Question 2

C


formula1

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


Ahernandez18

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


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