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Author Question: Production efficiency means that A) scarcity is no longer a problem. B) producing more of one ... (Read 53 times)

lindiwe

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on: Jun 29, 2018
Production efficiency means that
 
  A) scarcity is no longer a problem.
  B) producing more of one good is possible only if the production of some other good is decreased.
  C) as few resources as possible are being used in production.
  D) producing another unit of the good has no opportunity cost.

Question 2

There are very few, if any, farms within the city limits of Chicago because
 
  A) zoning laws have always prohibited them.
  B) the land under the city of Chicago is unfertile.
  C) Chicago is known for its butchers and freighters, not its farmers.
  D) the land is in extremely great demand for non-agricultural purposes.


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medine

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


lindiwe

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Reply 2 on: Jun 29, 2018
Excellent

amandalm

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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