« previous next »

Author Question: In order for Ireland to grow more potatoes, wool production must decrease. This situation is an ... (Read 26 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
In order for Ireland to grow more potatoes, wool production must decrease. This situation is an example of
 
  A) opportunity benefit.
  B) a tradeoff.
  C) zero opportunity cost.
  D) producing at a point that lies beyond the PPF.
  E) a free lunch.

Question 2

The theory that suggests that our unlimited wants will lead to perpetual economic growth is the
 
  A) classical growth theory.
  B) old growth theory.
  C) sustained growth theory.
  D) Malthusian growth theory.
  E) new growth theory.


bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Older adults may grieve intensely over the loss of a person or situation that has been a part of the Older adults may grieve intensely over the loss of a person or situation that has been a part of the
Sample purchase order form. Sample purchase order form.
Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Nitrogen dioxide decomposes at 300°C via a second-order process to produce nitrogen monoxide ... Nitrogen dioxide decomposes at 300°C via a second-order process to produce nitrogen monoxide ...
In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ... In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ...
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library