« previous next »

Author Question: The demand curve of a commodity slopes downward because of: a. the insatiable nature of human ... (Read 112 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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

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?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

The structure of the human ear. The structure of the human ear.
Parts of human nervous system Parts of human nervous system
An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
DNA sequence variation in the human genome DNA sequence variation in the human genome
J or U dose-response curve J or U dose-response curve
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library