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

Author Question: A good deal of iron ore is mined in Michigan's Upper Peninsula. What is the relationship between the ... (Read 45 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
on: Jun 29, 2018
A good deal of iron ore is mined in Michigan's Upper Peninsula. What is the relationship between the demand for iron ore and the cost of mining operations in Michigan?
 
  A) Changes in the demand for iron ore are caused directly by changes in the cost of iron mining.
  B) Changes in the costs of iron mining are caused by changes in the demand for iron ore.
  C) There is no significant relationship because the demand for iron ore is determined by many different people, while the cost of mining the ore is determined by business executives.
  D) Nobody knows.

Question 2

The free-rider problem may arise in case of ________.
 
  A) public goods
  B) private goods
  C) club goods
  D) inferior goods


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

FergA

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


sammy

  • Member
  • Posts: 818
Reply 2 on: Jun 29, 2018
Gracias!

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Schematic relationship between a phylogenetic tree and taxonomy. Schematic relationship between a phylogenetic tree and taxonomy.
Went and Briggs demonstrated the relationship between light perception and auxin function. Went and Briggs demonstrated the relationship between light perception and auxin function.
iron iron
Upper respiratory infection Upper respiratory infection
With the arm placed on the table, apply effleurage over the entire upper limb as a reconnecting and ... With the arm placed on the table, apply effleurage over the entire upper limb as a reconnecting and ...
The geometry of iron coordination in oxymyoglobin The geometry of iron coordination in oxymyoglobin
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library