The economic way of thinking claims there are substitutes for
A) any good.
B) most goods except non-renewable resources.
C) most goods except clean air and clean water.
D) most goods except wetlands and tropical rain forests.
A
Economics
You might also like to view...
Refer to Table 13-3. What are the profit-maximizing/loss-minimizing output level and price?
A) Q = 0 (firm should not produce) B) Q = 3; P = $18 C) Q = 4; P = $17 D) Q = 5; P = $16
Economics
Which of the following purchases would be counted as a final good in the GDP calculation?
A. A family's purchase of a used car. B. A speculator's purchase of 100 shares of Apple Computer stock. C. A deli's purchase of bread for making its sandwiches. D. A business's purchase of new office equipment.
Economics