Author Question: A guarded barbed wire fence separates East and West Bovinia. Soccer players are paid twice as much ... (Read 84 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
A guarded barbed wire fence separates East and West Bovinia. Soccer players are paid twice as much in West Bovinia as in East Bovinia. This is an example of
 a. inelastic supply
  b. a temporary resource price differential
  c. a permanent resource price differential
  d. diminishing marginal revenue product
  e. economic rent

Question 2

Depletion of tropical rainforests is an example of
 a. a negative externality
  b. the use of variable technology
  c. adverse selection
  d. the use of fixed technology
  e. a clearly defined property right



moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library