If the production possibilities curve is relatively linear, we say that: A Resources are equally suited for the production of either good
B Resources are not equally suited for the production of both goods
Resources are being inefficiently used in the economy
D Economic growth is occurring in the economy
E
Resources are scarce in the economy

What recommendations would you give to your local community to to decrease the local effects of human impact on the environment? list 2 recommendations and how they will positively impact your community. 3. what recommendations would you give to the global governments to decrease the global effects of human impact on the environment? list 2 recommendations and how they will positively impact our planet.

10. problems and applications q10 consider public policy aimed at smoking. studies indicate that the price elasticity of demand for cigarettes is about 0.2. if a pack of cigarettes currently costs $5 and the government wants to reduce smoking by 10%, it should increase the price by % . if the government permanently increases the price of cigarettes, the effect on smoking 1 year from now will be than the effect 5 years from now. studies also find that teenagers have a higher price elasticity of demand than do adults. which of the following statements are consistent with this result? check all that apply. it is legal for adults to consume alcohol, so many choose to spend their money on that good rather than cigarettes. teenagers do not have as much income as adults, so they are more price sensitive. adults are more likely to be addicted to cigaret

Which of the following best describes the term capitalism? it is a concept that holds, at a minimum, that all people are entitled to equal protection under the law. it is an economic system based on the private ownership of wealth-producing property. it is a set of political beliefs that include the advocacy of active government. it is an intrinsic property which measures the disregard for material possessions. it is a more popular term for the set of political beliefs known as liberalism.