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

Author Question: If more output could be produced with the same amount of inputs (Read 92 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Apr 19, 2019

Question 1

Assume some gain and some lose as the result of a change. If we can demonstrate the value of the gains are less than the value of the losses, then we say the change is


◦ potentially efficient.
◦ inefficient.
◦ unequivocally Pareto optimal.
◦ technically efficient.

Question 2

If more output could be produced with the same amount of inputs


◦ it is possible to make some people better off without making others worse off.
◦ it is not possible to make some people better off without making others worse off.
◦ no one can be made better off, but some will be made worse off.
◦ everyone must be made better off.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by JMatthes on Apr 19, 2019

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


JMatthes

  • Hero Member
  • *****
  • Posts: 578
Reply #2 on: Apr 19, 2019
Thank you!


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

No recombinants are produced without cell contact No recombinants are produced without cell contact
Responses Produced by Activation of Specific Opioid Receptors Responses Produced by Activation of Specific Opioid Receptors
Preserve Your Vitamins! Cook your vegetables in a small amount of water Preserve Your Vitamins! Cook your vegetables in a small amount of water
Light beer has about the same amount of alcohol as regular beer Light beer has about the same amount of alcohol as regular beer
British Output and Productivity Growth, 1760–1913 British Output and Productivity Growth, 1760–1913
What nuclide is produced when K-43 decays by beta emission? What nuclide is produced when K-43 decays by beta emission?
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library