A: Everyone is wealthy
B: Resources are unemployed
C: More of one product can only be produced if less of another product is produced
D: The distribution of income is equal
举一反三
- If an economy is fully utilizing its resources, it can produce more of one product only if it:
- In the above figure, when 2000 bicycles are produced each month, we can see that A: the marginal benefit from another bicycle is greater than the marginal cost of another bicycle. B: more bicycles should be produced to reach the allocatively efficient level of output. C: the economy is very efficient at the production of bicycles because the marginal benefit exceeds the marginal cost. D: Both answers A and B are correct.
- One characteristic of a monopoly market is that the product is virtually identical to products produced by competing firms.
- When<br/>the marginal benefit and marginal cost of sodas are equal, then<br/>____. A: the<br/>production of sodas might be allocatively efficient but it is<br/>definitely production inefficient B: the<br/>allocatively inefficient amount of sodas is being produced C: more<br/>sodas should be produced to reach the allocatively efficient quantity D: the<br/>allocatively efficient amount of sodas is being produced
- The PPF shifts if A: the unemployment rate falls. B: people decide they want more of one good and less of another. C: the prices of the goods and services produced rise. D: the resources available to the nation change.
内容
- 0
The PPF shifts if ( ) A: the unemployment rate falls. B: people decide they want more of one good and less of<br/>another. C: the prices of the goods and services produced rise. D: the resources available to the nation change.
- 1
A product produced in a foreign country and purchased by residents of the home country is:
- 2
The product strategy in which companies first determine the price at which they can sell a new product and then design a product that can be produced at a low enough cost to provide an adequate profit margin is referred to as: A: a. full costing B: b. target costing C: c. predatory pricing D: d. discriminatory pricing
- 3
Given diminishing marginal utility of income, more income in one period can not ___________for lower income in another period. A: offsets B: compromises C: compensates D: compliments
- 4
中国大学MOOC: A(n) ____________ product is a product that can only be perceived indirectly.