Social Studies, 15.01.2020 17:31 koryn4880
Which statements demonstrate the meaning of opportunity cost for producers and consumers? check all that apply. a. if producers can only produce one item, they must decide which item to produce based on profit. b. consumers are limited by their resources, and must give up the chance to purchase one item in order to buy another. c. consumers and producers are not limited by scarcity of resources or time. d. when deciding to produce or purchase one item, another opportunity must be given up. e. the only factor influencing opportunity cost is personal opinion.
Answers: 2
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In the wake of the civil war, compared to the south the north had sustained very little destruction. had to create a new labor system. had more economic challenges. had to repair damaged property.
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Reasons for factor mobility of a combine harvester, cotton, an oil platforn and a woodland
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Catherine sat down will all of her income details from the past year to calculate the total income she had in that period. after she created a consolidated income statement, she deducted some tax-exempt income details from the statement. what term would catherine use for this final income calculation?
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Which statements demonstrate the meaning of opportunity cost for producers and consumers? check all...
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