This topic contains a solution. Click here to go to the answer

Author Question: A simplified representation of the real world that is used to explain economic phenomena is a(n) ... (Read 124 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
A simplified representation of the real world that is used to explain economic phenomena is a(n)
 
  A) viewpoint.
  B) model.
  C) assumption.
  D) implication.

Question 2

Refer to the above figures. Which of the panels would be consistent with the situation in which external costs exist?
 
  A) Panel 1
  B) Panel 2
  C) Panels 1 and 2
  D) neither panel



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

B

Answer to Question 2

A




RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jun 29, 2018
Gracias!


nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library