This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A temporary price differential in resource markets is a. eliminated by resource movements b. ... (Read 81 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
A temporary price differential in resource markets is
 a. eliminated by resource movements
  b. caused by a failure of firms to maximize profits
  c. eliminated by resources moving from highly-valued uses to lower-valued uses
  d. caused by Congress increasing the federal minimum wage
  e. a result of firms using the MRP = MRC rule in hiring resources

Question 2

Deforestation is occurring in tropical areas because
 a. long-run economic considerations outweigh short-run considerations
  b. global economic considerations outweigh domestic considerations
  c. tropical soil is good for growing farm crops
  d. the value of jobs created by deforestation exceeds the cost to society
  e. there is no property right to the earth's climate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Wow, this really help

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Resource partitioning among five species of warblers feeding in North American spruce trees. Resource partitioning among five species of warblers feeding in North American spruce trees.
Differential Grasshopper Differential Grasshopper
Verbs and Movements Verbs and Movements
Object and Word Recognition After Vertices Have Been Eliminated (Adapted from Szwed, M., Cohen, L, Q Object and Word Recognition After Vertices Have Been Eliminated (Adapted from Szwed, M., Cohen, L, Q
Growth of a Renewable Resource Growth of a Renewable Resource
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library