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

Author Question: Which of the statements below best illustrates the use of the market process in determining the ... (Read 119 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jul 1, 2018
Which of the statements below best illustrates the use of the market process in determining the allocation of scarce resources?
 
  A) Let's make this product because this is what we know how to do best.
  B) We should consider shifting to products where we can earn even more money.
  C) Everyone is opening video stores, why don't we?
  D) We can't stop making this product. This product gave our company its start.

Question 2

Which of the following goods has the property of rivalry?
 
  A) national defense
  B) a highway
  C) air to breath
  D) an outdoor movie screening


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Shelles

  • Hero Member
  • *****
  • Posts: 582
Reply #2 on: Jul 1, 2018
Thank you


Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
A Summary of the Star Formation Process A Summary of the Star Formation Process
Basic process of metabolic profiling Basic process of metabolic profiling
Nursing process Nursing process
Palpating the mastoid process Palpating the mastoid process
Condyle process Condyle process
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library