22 DISC1 The United States is considered a rich country because Americans can choose from an abundance of goods and services. How can there be scarcity in a land of abundance? Respond to the original question and comment on at least two responses from your classmates. Reply
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- 10 A website called People to remember has been created to celebrate people who have had some lasting influence. Write a short profile (120-150 words) of someone famous from your country to appear on the website. Choose from these ideas or use an idea of your own. . a politician a sportsperson a performer an artistecoTyped answer.
- Question 1 Suppose a British Columbia has a total of 12 units of labour, which can be used to produce either computer or wheat. One computer takes 6 units of labour to produce and 100 kg wheat takes 2 units of labour to produce. (a) Explain why scarcity exists in this economy. Use the data as evidence of your reasoning. (b) What is the maximum quantity of computers that can be produced? (c) What is the maximum quantity of wheat than can be produced? (What does a production possibilities graph show in economics? how many items can be produced in a specific amount of time possible production costs one's final choice one's top two choices when making a decisionGive only typing answer with explanation and conclusion Two friends are competing to see who can see the most Christmas lights in the month of December. Kenneth visits 3 festive houses per night. Ben visits 4 houses per night. How many total houses will they have seen in the 31 days of December?
- * MindTap x M Thank Ye X E SkillSurv x Alabama X Blackbo X b Answere x C Chapter x G Refer to x + Recycle Bin A aamu.blackboard.com/ultra/courses/_37525_1/cl/outline Apps M Gmail o YouTube Maps a News E Reading list Week Seven Question Completion Status: Week Eight Graph (a) Graph (b) Chapter Outlines 6 6 Course Exams Firefox Superhero Series R Chapter Assignments (CAS) 4 4 Course Discussions (DQs) 3 Google Chrome Tools Student Help 2 Course Evaluation 1 1 Microsoft Edge 5 6 4 5 6 1 2 3 4 TRACTORS TRACTORS ::: Refer to Figure 2-4, Graph (a). Production at point Q is O a. possible and efficient. O b. impossible and inefficient. O c. possible but inefficient. O d. impossible but efficient. Microsoft Edge 6:15 PM P Type here to search a 99+ O G 4) Hi 7/12/2021 近 TRUCKS TRUCKSAs you look at your available resources, what is one SNHU resource/amenity that you can draw upon to help you intentionally reach your goals? What is a resource outside of SNHU that will assist you as well? Explain why you chose these resources and how they will help you achieve intentional success.Check Answ on 6 of 21 Attempt 2 Thinking about scarcity in terms of the economic way of thinking, why does scarcity exist? Select the most complete explanation. Scarcity and poverty are the same thing; they are both unavoidable because poverty is relative. exists because people have unlimited wants. exists because there are limited productive resources in the world. exists because people virtually have unlimited wants and because the earth has a limited supply of land, labor, capital, and entrepreneurial ability. exists because people have limited incomes.
- C Get Homework Help With Chegg X Content O bblearn.uca.edu/ultra/courses/_130806_1/cl/outline?legacyUrl=-2Fwebapps-2Fcalendar-2Flaunch-2Fattempt-2F_blackboard.platform.gradeb. e ☆ E Apps I mylJCA M khapper2cubuc. H O Alpha Sigma Alpha. É iClaud O Pinterest b View My Activity I Olher bokmarks Micrasoft Office Ho. Blarkb:ard ECON 2320-TBA 0000-PRINCIPLES OF MACROECONOMICS - 31353.202220 Smartwork5: Ch. 11: Homework * SUBMIT ANSWER 15 OF 17 QUESTIONS COMPLETED 2:52 PM P Type here to search 20% O 69"F Mostly cloudy 描 3/6/2022Jeremy has $30 in his pocket. He would like to take his friend to a movie. The movie would cost $20 for both him and his friend. Jeremy would also like to get a new shirt. The shirt would cost him $25. If Jeremy decides to buy the shirt, what would be his opportunity cost? $25 The satisfaction of taking his friend to a movie $20 The popcorn at the movieQ. 1 You are the mayor of a small town with 2000 residents. The head of your economic development agency recently conducted a survey in which the 2000 residents said that a public concert in the centre of town would be worth $20 to cach of them. Since it costs only $5000 to hold the concert, you organized and held the concert, which everyone in town enjoyed. But when you asked for donations to pay for the concert, you only collected $30 in total. What do you know? a. The survey certainly overstated how much the concert was worth to each resident. b. From the standpoint of total costs and benefits, the cost of the concert certainly exceceded the benefit. c. The concert was an example of the Tragedy of the Commons. d. Residents of the town were probably free riders.
