Abigail wishes to spend more time this week studying for her classes. Using the idea of a production possibilities curve, and assuming Abigail is currently spending all of her time efficiently, Abigail can spend more time studying this week only if
a. she also spends more time doing other things.
b. she spends less time doing other things.
c. Daylight Savings Time begins this week, so everyone moves their clocks ahead one hour.
d. none of the above.
B
Economics
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Because resources are limited
A) people must make choices. B) firms will be forced out of business. C) only the very wealthy can get everything they want. D) the availability of goods will be limited but the availability of services will not.
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Which of the following is not a disadvantage of a proprietorship?
A) how profits are taxed B) ability to raise capital C) unlimited liability D) the disposition of the firm when the owner dies
Economics