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

Author Question: Generally speaking, resources are used more wastefully and carelessly when A) users obtain the ... (Read 23 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
Generally speaking, resources are used more wastefully and carelessly when
 
  A) users obtain the resources through the market process.
  B) users do not have to pay the opportunity cost for using resources.
  C) users use resources to only advance the projects they are interested in.
  D) users privately own resources.

Question 2

Clarity Dence pays 375 for a used acoustic guitar from the local music instrument dealer. The dealer himself purchased it for 150. In principle, how would this exchange affect GDP?
 
  A) Nothing happens to GDP, because the guitar is a used good.
  B) GDP increases by 150.
  C) GDP increases by 225.
  D) GDP increases by 375.
  E) GDP increases by 525.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

C




sammy

  • Member
  • Posts: 818
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

 

Did you know?

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

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library