Author Question: Crude oil is not an example of a factor of production, but when crude oil is processed into ... (Read 178 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
Crude oil is not an example of a factor of production, but when crude oil is processed into gasoline, it is a factor of production.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is the best example of a voluntary export restraint?
 
  A) a 5,000 per-car fee imposed on all sports utility vehicles imported into the United States
  B) a subsidy granted by the U.S. government to domestic sports utility vehicle manufacturers so they can compete more effectively with foreign sports utility vehicle manufacturers
  C) a tax placed on all sports utility vehicles sold in the domestic market
  D) a limit set by the Japanese government on the number of sports utility vehicles that the United States can import from Japan


frre432

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

FALSE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

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?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

For a complete list of videos, visit our video library