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

Author Question: Using the economic way of thinking, which of the statements listed below best answers the following ... (Read 49 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 29, 2018
Using the economic way of thinking, which of the statements listed below best answers the following question: Why do professional athletes tend to make more money than professional poets?
 
  A) Americans love sports and hate poetry.
  B) Poets are less greedy and materialistic than athletes.
  C) More people are willing to pay 50 per ticket to see an athletic competition than they are to listen to a poet.
  D) The supply of poets is too low.

Question 2

A view of a spectacular sunset on a beach is ________.
 
  A) a rival and excludable good
  B) an excludable good
  C) a non-rival good
  D) a rival but non-excludable good


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Components of critical thinking in nursing Components of critical thinking in nursing
Critical thinking attitudes and applications Critical thinking attitudes and applications
Economic Costs of CVD Economic Costs of CVD
Economic Differentiation in China Economic Differentiation in China
Tips for Critical Thinking Tips for Critical Thinking
economic question economic question
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library