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

Author Question: Which of the following can lead to permanent differentials in resource prices? a. an increase in ... (Read 76 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 30, 2018
Which of the following can lead to permanent differentials in resource prices?
 a. an increase in demand for a product produced by the resource
  b. differences in the inherent quality of resources
  c. differences in the time and money involved in developing necessary skills
  d. differences in the nonmonetary rewards of a job
  e. a lack of resource mobility

Question 2

The marginal social benefit curve for water quality slopes downward because
 a. the total benefit from clean water decreases as water becomes cleaner
  b. the added benefit from cleaner water is greater when water quality is poor than when water quality is high
  c. the added benefit from cleaner water is smaller when water quality is poor than when water quality is high
  d. the total benefit from clean water increases as water becomes cleaner
  e. people demand clean water at any price


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahm14

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

B


jazziefee

  • Hero Member
  • *****
  • Posts: 505
Reply #2 on: Jun 30, 2018
Thank you :)


leahm14

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Bioinformatics tools at the BAR (Bio-Array Resource). Bioinformatics tools at the BAR (Bio-Array Resource).
China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
One Extinction May Lead to Another One Extinction May Lead to Another
Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Video: Digestion Animation

For a complete list of videos, visit our video library