Oppurtunity costs Study guides, Class notes & Summaries

An economy that contains both perfect and imperfect competition and both regulated and nonregulated industries is known as - answer-mixed economy An economys production possibilities curve could shift outward as a result of an - answer-increased level of technology which one of the following is a charecteristic of capitalism but not of communism? - answer-private property Full employment describes the condition in which - answer-95 to 96 percent of the civilian labor force is employed ...

CDR EXAM questions with complete solutions 2023he federal regulatory agency responsible for regulating sanitation is the FTC USDA FDA CDC FDA A vendor offers to provide coffee machines if a foodservice operation purchases its coffee products. This type of practice is: a. prohibited by the Federal Trade Commission. b. a value-added service. c. considered collusion. d. an ethics violation. value added service e coli outbreak at day camp which of the following is most like...

ECON-105 Microeconomics Answers and Explanations for the following questions: 1) Explain the basic ideas of microeconomics. 2) Explain what “economics” means from the perspective of the individual, a business, and society. 3) Explain the concepts of scarcity, economic value, and opportunity costs.