Figure 6-2
illustrates the four possibilities of the structure of production and consumption for a good or service. In which case is the incentive of producers and consumers to economize the strongest?
a.
A
b.
B
c.
C
d.
D
a
Economics
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The law of increasing opportunity cost is associated with the slope of the:
A) demand curve. B) supply curve. C) output curve. D) production possibilities curve.
Economics
Because of the recognition internationally of the principles of national sovereignty, nations cannot be affected by the policies of other nations and international governmental organizations
Indicate whether the statement is true or false
Economics