Business

23 May, 00:45

Which one of the following statements is false ? A. Prices play a central role in microeconomics. B. Microeconomics studies how consumers, workers and firms can make optimal trade-offs. C. Microeconomics is about the allocation of scarce resources. D. Microeconomics is concerned with the fair and equitable distribution of resources among consumers.

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Which one of the following statements is false ? A. Prices play a central role in microeconomics. B. Microeconomics studies how consumers, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Create a formula to determine the required pet deposit for each unit. If the unit has two or more bedrooms and was remodeled after 2006, the deposit is $150; if not, it is $100.

Pottery Unlimited has two product lines: cups and pitchers. Income statement data for the most recent year follow: Total Cups Pitchers Sales revenue $460,000 $310,000 $150,000 Variable expenses 355,000 235,000 120,000 Contribution margin 105,000

Suppose that the production function is qequalsUpper L Superscript 0.50Upper K Superscript 0.50. What is the average product of labor AP Subscript Upper L , holding capital fixed at ModifyingAbove Upper K with caret ? A.

When recognizing compensation under a stock option plan, unanticipated forfeitures are treated as:A. A change in accounting principle. B. A loss. C. An income item. D. A change in estimate.

How does PDIC provides insurance?

New Questions in Business

Based on the corporate valuation model, the total corporate value of chen lin inc. is $900 million. its balance sheet shows $110 million in notes payable, $90 million in long-term debt, $20 million in preferred stock, $140 million in retained

Larry's lizards and ronaldo's reptiles are competing pet store franchises. both are considering opening a store in the small town of turtleville.

How does the government of a republic typically shape its economy? A. The government allows citizens to own private businesses. B. The government blocks the ownership of personal property. C. The government owns all homes and other forms of housing.

For a business credit card, most companies that issue credit, including Visa and Mastercard, specifically state their liability policies: Only cover the first $50.

In the resource-based view of the firm, examples of tangible resources include: Select one: a. outstanding customer service, innovativeness of products, and reputation b.