Which of the following would tell us that resources are not flowing to their highest valued uses?
A) short-run economic profits
B) short-run economic losses
C) song-run economic profits
D) Some firms are just breaking even.
C
Economics
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Over time, the price of personal computers has fallen dramatically. All else constant, this would lead us to expect that demand for personal computers has become more price elastic
Indicate whether the statement is true or false
Economics
During what period did the US expand its area by the greatest amount?
a. Since 1970. b. 1910-1950. c. 1880-1900. d. 1800-1850. e. 1781-1795.
Economics