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Author Question: According to your authors, a necessary condition for the evolution of a successful commercial ... (Read 22 times)

asd123

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  • Posts: 557
on: Jun 29, 2018
According to your authors, a necessary condition for the evolution of a successful commercial society includes
 
  A) stable interest rates.
  B) reasonably secure property rights.
  C) a superabundance of natural resources.
  D) zero economic losses.

Question 2

Security personnel are an important input into the production of major concerts, such as Lady Gaga, and Jay Z & Kanye West. If wages for security personnel rise, then we would expect
 
  A) the supply of major concerts to be unaffected.
  B) the supply of major concerts to decrease.
  C) the supply of major concerts to increase.
  D) the demand for major concerts to increase.


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iceage

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

B

Answer to Question 2

B


asd123

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

billybob123

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  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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