not use ai please Which of the following factors would be classified as a social factor?Group of answer choicesPressures on natural resourcesHuman capital deploymentAccountability

Pressures on natural resources are generally categorized as environmental factors, as they pertain…

Answered: Which of the following factors would be…

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter1: The Economic Approach

Section: Chapter Questions

Problem 11CQ

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1) Economics is best defined as A) how people make money and profits in the stock market. B) making choices from an unlimited supply of goods and services. C) making choices with unlimited wants but facing a scarcity of resources. D) controlling a budget for a household. 2) Which of the following is an example of a microeconomic decision? A) an individual deciding how to allocate the time he or she has for work and leisure B) a small shoe factory deciding how much leather to purchase for the next quarterʹs production need C) a multinational company deciding where to relocate its world headquarter D) All of the above answers are correct. 3) Which of the following questions is a macroeconomic issue? A) How many more pounds of cookies will a consumer purchase if the price of cookies decreases? B) What effect would a cure for Mad Cow Disease have on the market for beef? C) What is the future growth prospect for an economy? D) How many workers should the owner of a business hire? 4) The…
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Summer v My Home Courses Catalog and Study Tools Rental Options College Success Tips Career Success Tips RECOMMENDED FOR YOU The Crucial Document: A Course's Syllabus Help option Give Feedback Z 2 CENGAGE MINDTAP Homework (Ch 11) 5. Common resources versus private goods S Homework (Ch 11) 26 command Spring is here, and Shen and his brother would like to go fishing for the weekend in New Hampshire. Shen could either go to the river in town where anyone can fish without a permit, or he could drive up to a pond located on his family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no "catch and release" policy). are of X The fish in the private pond are considered rival in consumption rival in consumption a private good OO 1 Fishing in the river will likely lead to 20 Ong.cengage.com whereas the fish in the river excludable and and nonexcludable . In other words, the fish in the private pond…
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Which of the following factors would be classified as a social factor? Group of answer choices Pressures on natural resources Human capital deployment Accountability