Author Question: Using the economic way of thinking, complete the following sentence: One person's profit is A) a ... (Read 66 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
Using the economic way of thinking, complete the following sentence: One person's profit is
 
  A) a sign of sinful activity.
  B) the result of uncertainty.
  C) only a matter of luck and chance.
  D) another person's loss.

Question 2

Which of the following markets is likely to be perfectly competitive?
 
  A) The market for patented nuclear medicines
  B) The market for wheat
  C) The market for smart phones
  D) The market for shower gel



dreamfighter72

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library