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

Author Question: Why is it necessary for all economic systems to not only provide people with goods and services, but ... (Read 108 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Why is it necessary for all economic systems to not only provide people with goods and services, but also restrict them from getting as much of these goods and services as they wish?
 
  A) Failure to do this could lead to drastic shortages of goods and services.
  B) Failure to do this could reduce the efficiency of the system by producing some goods and services that are not as highly valued as others.
  C) Failure to do this could reduce efficiency and lead to an inequitable allocation of output.
  D) Failure to do this could lead to an inequitable allocation of goods and services produced.

Question 2

How do oligopolistic firms that sell differentiated products determine their prices?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mathjasmine

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
:D TYSM

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Homeless people sleeping on the streets is a common sight in India’s cities. I took this photo in ... Homeless people sleeping on the streets is a common sight in India’s cities. I took this photo in ...
The effects of undernourishment on the body systems. The effects of undernourishment on the body systems.
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Ecosystem Services Ecosystem Services
Systems of the Human Body Systems of the Human Body
economic economic
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library