« previous next »

Author Question: The demand curve of a commodity slopes downward because of: a. the insatiable nature of human ... (Read 99 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The demand curve of a commodity slopes downward because of:
 a. the insatiable nature of human wants.
  b. the presence of double coincidence of wants.
  c. the law of demand.
  d. the scarcity of goods and services in an economy.
  e. the law of diminishing marginal utility.

Question 2

Capital accumulation causes the production possibilities curve to shift inward over time.
 a. True
  b. False
  Indicate whether the statement is true or false


laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Phenotypic and molecular markers mapped on human chromosome 1 Phenotypic and molecular markers mapped on human chromosome 1
Titration Curve Titration Curve
Heat Stress and Wind Chill: Indices of Human Discomfort Heat Stress and Wind Chill: Indices of Human Discomfort
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
Comparison of the human LEP and mouse ob/Lep genes Comparison of the human LEP and mouse ob/Lep genes
A human fragile X chromosome A human fragile X chromosome
Video: Causes of Acne

For a complete list of videos, visit our video library