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 106 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
Great answer, keep it coming :)

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Interrelationships of the integumentary system with other body systems Interrelationships of the integumentary system with other body systems
Effect of clinical decison support systems Effect of clinical decison support systems
Dual Systems Model of Risk-Taking Dual Systems Model of Risk-Taking
Frontal systems Frontal systems
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Mitosis step-by-step

For a complete list of videos, visit our video library