This topic contains a solution. Click here to go to the answer

Author Question: The ________ a good or service is, the ________ its price is likely to be. A) more scarce; higher ... (Read 105 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
The ________ a good or service is, the ________ its price is likely to be.
 
  A) more scarce; higher
  B) more scarce; lower
  C) more available; higher
  D) more available; more unstable

Question 2

A production possibilities frontier shows
 
  A) the various combinations of output a nation can produce a certain time, given its available resources and technology.
  B) the limits to future growth of a nation.
  C) how money can be allocated among two kinds of goods.
  D) that if price of one good decreases, the price of the other has to increase.
  E) that it is impossible to produce inefficiently.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

A

Answer to Question 2

A




neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Wow, this really help


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

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

For a complete list of videos, visit our video library