« previous next »

Author Question: Goods that are similar but are not perfect substitutes are called ________ goods. A) ... (Read 80 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
Goods that are similar but are not perfect substitutes are called ________ goods.
 
  A) differentiated
  B) homogeneous
  C) normal
  D) inferior

Question 2

Is the cost of an all-volunteer army in the United States higher or lower than the cost of a conscripted (drafted) army?
 
  A) Higher, unless the citizens are exceptionally patriotic
  B) Lower, unless the army is inefficiently managed
  C) Higher to taxpayers but lower to military personnel
  D) The same because the wage will move to the market-clearing level
  E) We cannot say without knowing the supply of and demand for military personnel.


djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

The upper intake manifold, often called a plenum, attaches to the lower intake manifold. The upper intake manifold, often called a plenum, attaches to the lower intake manifold.
The illusory bands visible in this figure are often called Mach bands, although Mach used a ... The illusory bands visible in this figure are often called Mach bands, although Mach used a ...
How to factor a perfect square trinomial How to factor a perfect square trinomial
Perfect logistic curves Perfect logistic curves
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library