2. Scarcity exists because... A. human wants exceed the resources available to satisfy them.
B. some individuals have low income.
C. the costs of production are high.
D. Some people make bad economic decisions.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?