Refer to Figure 2-3. Sergio Vignetto raises cattle and llamas on his land. His land is equally suitable for raising either animal. Which of the graphs in Figure 2-3 represent his production possibilities frontier?
A) Graph A
B) Graph B
C) Graph C
D) either Graph A or Graph C
E) either Graph B or Graph C
A
Economics
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Although Jack and Vanessa were equally qualified, Jack was promoted to manager instead of Vanessa because the president of the company thought that the other employees would not respect a female manager
The resource, the management position, was allocated in what manner? A) sharing equally B) contest C) personal characteristics D) command E) lottery
Economics
Which of the following is considered a factor contributing to famine in Africa?
A. Environmental regulations B. A slow rate of population growth C. Investment in industrial development over agriculture D. Policies that price agricultural products at low levels
Economics