Some movie complexes have machines that sell movie tickets. When this occurs, the movie complex is substituting. for Oland; labor capital; labor labor; technology O labor, capital

Q: Refer to Figure 3-1. The rate of trade-off'between producing chairs and producing couches is…

A: Trade off means the number of units of a good foregone to produce an additional unit of another good…

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Q: What is the manufacturer's main problem?

A: A manufacturing system can be described as a combination of machinery, humans, and equipment bound…

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Q: d. If Tommy and Ariel wanted to cheat, they might realize that they will get more done if they…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

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A: OPPORTUNITY COST:     Opportunity cost is the benefit lost by an individual, investors, or business…

Q: A sentence that contains a metaphor

A: Metaphor is a figure of speech that directly refers to some thing by way of mentioning another.

Q: Q10. Refer to Figure 1. An economy is operating at full employment, and then workers in the bread…

A: An economy is operating at full employment implies that they are operating on the PPF

Q: Why do people share content via social media channels? They find it interesting and/or entertaining.…

A: The question is asking about the motivations behind why individuals share content on social media…

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A: Introduction Perfect competition is a market situation where average revenue and marginal revenue…

Q: The product was in regards to bread

A: When talking about economic rent, it refers to the additional benefits that a firm collects due to…

Q: Gilberto and Juanita are farmers. Each one owns a 12-acre plot of land. The following table shows…

A: Absolute advantage refers to the ability of an economic entity to produce a greater quantity of a…