Author Question: Economics can be defined as the social science that explains the ________. A) choices made by ... (Read 140 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
Economics can be defined as the social science that explains the ________.
 
  A) choices made by politicians
  B) choices we make when we trade in markets
  C) choices that we make as we cope with scarcity
  D) choices made by households

Question 2

The figure above shows the U.S. demand and U.S. supply curves for cherries. At a world price of 2 per pound once international trade occurs, the production of cherries in the United States will equal
 
  A) 200,000 pounds.
  B) 400,000 pounds.
  C) 600,000 pounds.
  D) 800,000 pounds.
  E) 0 pounds.


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library