Author Question: Which of the following concepts are illustrated by the production possibilities curve? a. scarcity ... (Read 65 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
Which of the following concepts are illustrated by the production possibilities curve?
 a. scarcity
 b. choice
 c. trade-offs
 d. all of the above

Question 2

Most economists believe that the financial crisis of 2008 began because of problems in the ____ industry.
 a. computer
 b. automotive
  c. housing
 d. banking



Christopher

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

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library