Arguing that economic growth will eventually stop because we will run out of natural resources:A. must be correct because scarcity exists. B. will only be correct if growth takes the form of newer, more efficient goods and services. C. ignores the power of markets to recognize shortages and induce changes in behavior. D. is supported today by the fact that richer countries have fewer natural resources.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Arguing that economic growth will eventually stop because we will run out of natural resources:A. must be correct because scarcity exists. ...” 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
Gerald has a great deal of expertise about parakeets. he used to work in a pet store that sold over twenty different types of birds. if he was to give a speech on the subject, gerald might be said to have what type of expertise?
Answers (1)
Which type of map projection will allow a navigator to accurately measure a direction? (ie the projection shows 'true north'.)
Answers (1)
Which of the following are examples of fixed costs? (Select three answers.) Packaging and shipping a product A computer for recording customer and order information A monthly fee for a flea market booth Fuel for driving to customers' homes Hourly
Answers (1)
Cambridge Co. uses the allowance method. During January 2019, Cambridge writes off a $640 customer account balance when it becomes clear that the customer will never pay. The entry to record the write-off will: a. not affect expenses in 2019. b.
Answers (1)
At what wage level there will be no unemployment or labor shortages in the labor market? $30 $25 $20 $10 $15
Answers (1)
New Questions in Business
A leftward shift in the long-run aggregate supply curve is most likely going to cause which of the following? A) decrease in the average price level B) increase in the average price level C) increase in real output
Answers (1)
Free market economy how are prices set?
Answers (1)
Patel Service Co. does make a few sales on account but is mostly a cash business. Consequently, it uses the direct write-off method to account for uncollectible accounts. During Year 1, Patel Service Co.
Answers (1)
Accepting a special order will improve overall net operating income if the revenue from the special order exceeds: a. the contribution margin on the order. b. the incremental costs associated with the order. c.
Answers (1)
The debit side of an account a. depends on whether the account is an asset, liability, or owner's equity b. is the left side of the account c. can be either side of the account depending on how the accountant set up the system d.
Answers (1)