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- 3. Recycling CanFor the past 10 years, five Colorado cities have held a recycling contest to see which citydoes the best job of recycling plastic, glass, and aluminum. Those participating in thisyear’s contest are Arvada, Centennial, Lakewood, Highlands Ranch, and Parker.To make the contest fair for both large and small cities, the winning city will be the one that recycles the largest number of cans per capita—the number of cans recycled dividedby the number of city residents. 0.02 per can Recycling Can Contest City Population Jan Feb Mar Total Per Capita Arvada 15,855 10,505 24,556 12,567 Centenntial 28,951 24,567 21,777 26,719 Lakewood 142,547 102,376 105,876 121,987 Highlands Ranch 2,801,561 2,714,664 2,503,344 1,999,877 Parker 1,689,908 1,523,665 1,487,660 1,002,545 Total -…This is the element that requires that no laws or statutes be violated, for example, if a construction contractor is not licensed in Oregon then they would be in violation of a State statute? Select one: agreement оБ. сарасity Oc legality Od. considerationCombinations Rice ShoeA 50 0B 45 1C 37 2D 27 3E 15 4F 0 5 C. What is the opportunity cost of moving from A to B? D. The country wants to increase the combination of rice and shoes but cannot do so it does not have the economics base at this point in time. Explain three factors that must occur for the country to achieve its objective. E. The concept of increasing opportunity cost is very important in determining the shape of the production possibility curve. Explain the statement.
- You are given the following different technologies for producing 100 metres of cloth. Tonnes of coal 10 9 8 7 65 2 1 D 2 3 4 5 6 7 Number of workers Select one: O a. Technology B dominates technology D. O b. O C. E 8 9 10 Technology D is more energy-intensive than technology C. Technology A is the cost-minimising technology at all prices of coal and wages. O d. Technology C can sometimes be a cheaper technology than A CLEAR MY CHOICEO a. -520 O'b.-600 OC. -560 O d.-480 QUESTION 25 Tim loves to collect Lego architecture sets. Suppose that Tim's willingness to pay for different Lego sets is given below: Set Willingness.to Pay Sears Tower 40 Hancock Center 70 Fallingwater 100 Shanghai 80 Robie House 80 Suppose that Tim can purchase a lego bundle with all 5 sets for the price of $200, what is his CS from the bundle? a. 150 O b. 130 O c. 170 O d. 200 OUESTION 26Which of the following illustrates property rights? OA. Lower economic opportunities increases crime. OB. Economic freedom brings greater prosperity. OC. When Europeans arrived in North America, there was a scramble for land. O D. Dave has patented his invention.
- 3. Define positive rights. 4. Define negative rights.A reason to study economics is to Select one: make money in the stock market. O a. O b. learn a way of thinking. O c. to decide whether to buy a new house O d. get a high paying job.1. The cost of production is a major determinant of consumer demand. a. True O b. False
- Force Completion Once started, this test must be completed in one sitting. Do not leave the tes Your answers are saved automatically. Remaining Time: 28 minutes, 03 seconds. Question Completion Status: Moving to another question will save this response. Question 17 Difference between actual amount received and what they would accept is known as O Producer Surplus O Consumer Surplus O Individual Surplus O Managers Surplus A Moving to another question will nous this roopono bike 2.jpg bike.jpg # bike 2 101°F Sunny f5 esc fi ? 0 16please correctly explains each option correct or incorrct not copy paste☺ lour margunel benesit from eahing Candy bous is Shoon in the teible bela #Candy Bars Marginal Beneted 2. 3. 2. i which core pinciple is represented in this Se enario? 4the price of a Candy bar s 3 many has Should you buy? i E aplanalion.
