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

Author Question: Once a point on a contract curve has been chosen, A) it is possible to make both individuals ... (Read 26 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
Once a point on a contract curve has been chosen,
 
  A) it is possible to make both individuals better off.
  B) it is possible to make one individual better off only at the expense of the other.
  C) there is no change that would make both individuals worse off.
  D) it is impossible for both individuals to have more of both goods.

Question 2

In general, does the demand for labor become more or less elastic as we increase the number of other variable inputs used in a production process?
 
  A) More elastic
  B) No change in elasticity
  C) Less elastic
  D) We cannot answer this question without more information about the other inputs


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmina

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

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.

According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ... According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ...
Graph showing the relationship between the freezing point of the coolant and the percentage of ... Graph showing the relationship between the freezing point of the coolant and the percentage of ...
Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ... Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ...
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library