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

Author Question: Explain how the production possibilities frontier illustrates scarcity. What will be an ideal ... (Read 62 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Explain how the production possibilities frontier illustrates scarcity.
 
  What will be an ideal response?

Question 2

Under current guidelines, the Federal Trade Commission will likely challenge
 
  A) all mergers if the Herfindahl-Hirschman index (HHI) is 2500 or higher.
  B) a merger if the HHI is 2500 or higher and the merger increases the HHI by more than 200 points.
  C) a merger if the HHI is 2500 or higher and the merger increases the HHI by more than 50 points.
  D) a merger if the HHI is 1500 or higher and the merger increases the HHI by more than 300 points.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

The PPF illustrates scarcity because we cannot attain the points outside the frontier.

Answer to Question 2

B


maychende

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Gracias!

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Microlith production. Microlith production.
Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid
Functional magnetic resonance image (fMRI). This image illustrates the areas of cortex that became ... Functional magnetic resonance image (fMRI). This image illustrates the areas of cortex that became ...
Vapor density. The top drawing illustrates the movement of a gas with a vapor density less than 1; ... Vapor density. The top drawing illustrates the movement of a gas with a vapor density less than 1; ...
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library