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

Author Question: In economic terminology, a normal good is a good A) on which a monetary value cannot be placed. ... (Read 106 times)

bb

  • Hero Member
  • *****
  • Posts: 544
In economic terminology, a normal good is a good
 
  A) on which a monetary value cannot be placed.
  B) that is liked only by normal people.
  C) for which demand increases when price increases.
  D) for which demand increases when income increases.

Question 2

Opportunity cost is illustrated on the production possibilities curve by a
 
  A) bowed-out shape of the curve.
  B) shift to the right of the curve.
  C) shift to the left of the curve.
  D) movement along the curve.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Answer to Question 1

D

Answer to Question 2

D




bb

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
:D TYSM


jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

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?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library