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

Author Question: The production possibilities frontier is the boundary between A) those combinations of goods and ... (Read 98 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
The production possibilities frontier is the boundary between
 
  A) those combinations of goods and services that can be produced and those that can be consumed.
  B) those resources that are limited and those that are unlimited.
  C) those combinations of goods and services that can be produced and those that cannot.
  D) those wants that are limited and those that are unlimited.

Question 2

The law of demand implies that demand curves
 
  A) slope down.
  B) slope up.
  C) shift rightward whenever the price rises.
  D) shift leftward whenever the price rises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raenoj

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

Thanks for your help Worked like a charm.


Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

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.

Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production
The two possible combinations of temporal summation. The two possible combinations of temporal summation.
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
The Production Function The Production Function
Epithelial Tissue Naming Combinations Epithelial Tissue Naming Combinations
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library