« previous next »

Author Question: A person obtains income by selling the services of the resources that he or she owns. a. True b. ... (Read 73 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
A person obtains income by selling the services of the resources that he or she owns.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is NOT illustrated by a production possibility curve?
 a. scarcity
 b. opportunity cost
 c. necessity for choice
  d. price


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

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?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

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

Cellular section from the brain of a person who died from Alzheimer's disease. Cellular section from the brain of a person who died from Alzheimer's disease.
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
HCPCs Modifiers Used for Medical Office Services HCPCs Modifiers Used for Medical Office Services
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Beezus is planning on freelancing their tutoring services to save up for the new commercial ... Beezus is planning on freelancing their tutoring services to save up for the new commercial ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library