« previous next »

Author Question: Suppliers will be willing to supply a product in all of the following situations except when A) ... (Read 101 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
Suppliers will be willing to supply a product in all of the following situations except when
 
  A) the price received is greater than the additional cost of producing the product.
  B) the price received is at least equal to the additional cost of producing the product.
  C) the price received is less than the additional cost of producing the product.
  D) the price received is equal to the additional cost of producing the product.

Question 2

According to the production possibilities model, if more resources are allocated to the production of physical and human capital, then all of the following are likely to happen except
 
  A) the country's total production will fall.
  B) future economic growth is enhanced.
  C) the production possibilities frontier will be shift outward in the future.
  D) fewer goods will be produced for consumption today.


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Who Oversees the Food Supply? Who Oversees the Food Supply?
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
Use the product rule to find derivative Use the product rule to find derivative
Video: Reflex arc construction

For a complete list of videos, visit our video library