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

Author Question: The economizing process (choosing from among alternatives to maximize benefits) A) applies only ... (Read 96 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
The economizing process (choosing from among alternatives to maximize benefits)
 
  A) applies only to consumers.
  B) applies only to privately-owned firms.
  C) applies only to producers.
  D) is the same for producers as it is for consumers.

Question 2

If oil prices increase, then in the short run, real GDP will ________ and the price level will ________.
 
  A) increase; rise
  B) increase; fall
  C) decrease; rise
  D) decrease; fall
  E) not change; rise


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


appyboo

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Wow, this really help

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

The process of learning to read involves physical and socioemotional development, changes in the ... The process of learning to read involves physical and socioemotional development, changes in the ...
Expected Benefits for ICD-10-CM Expected Benefits for ICD-10-CM
Stages of the Infection Process Stages of the Infection Process
Checklist for Choosing a Massage Table Cont. Checklist for Choosing a Massage Table Cont.
Scientific process and the scientific method Scientific process and the scientific method
The process of margination The process of margination
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library