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

Author Question: Even though household have wide-ranging preferences, discuss some of the things that all households ... (Read 84 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
Even though household have wide-ranging preferences, discuss some of the things that all households have in common including their constraints.
 
  What will be an ideal response?

Question 2

One way that government can encourage the production of goods or services that have external benefits is to subsidize the good or service.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nyrave

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

All households have limited income and all must pay in some way for the things they consume. They are also constrained by the availability of jobs, current wages, their own abilities, and their accumulated and inherited wealth.

Answer to Question 2

TRUE




tiffannnnyyyyyy

  • Member
  • Posts: 512
Reply 2 on: Jun 29, 2018
:D TYSM


kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library