Exploring Economics
Exploring Economics
8th Edition
ISBN: 9781544336312
Author: Sexton
Publisher: Cengage
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Chapter 14, Problem 16P
To determine

(a)

To find:

The source through which the fast food restaurants can differentiate their product.

To determine

(b)

To find:

The source through which the Es shops/carts can differentiate their product.

To determine

(c)

To find:

The source through which the hairstylists can differentiate their product.

To determine

(d)

To find:

The source through which the soft drinks sellers can differentiate their product.

To determine

(e)

To find:

The source through which the wine sellers can differentiate their product.

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'producing more goods and services lowers environmental quality' is not the correct answer.
A movement along an economy's production possibility frontier with output on one axis and environmental quality on the other shows that: technological improvements may lead to a sustainable economy with higher consumption in the future and better an improved environment. producing more goods and services lowers environmental quality. producing more goods and services raises environmental quality. a high use of natural resources to produce more goods and services today may lead to an unsustainable economy with lower consumption in the future.
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