Author Question: Which of the following statements best summarizes why buffalo almost became extinct during the ... (Read 122 times)

Kikoku · **on:** Jul 1, 2018

Which of the following statements best summarizes why buffalo almost became extinct during the 1800s?

a. Hunters from the East refused to respect the buffalo as the American Indians did.
b. Demand for buffalo meat was high in Eastern markets.
c. No one owned a buffalo until it was killed.
d. Buffalo do not run away upon hearing rifle shots.

Question 2

By selecting a bundle where MRS = MRT, the consumer is saying

A) I value my last unit of each good equally.
B) I am willing to trade one good for the other at the same rate that I am required to do so.
C) I will equate the amounts spent on all goods consumed.
D) All of the above.