Back to category: Technology Limited version - please login or register to view the entire paper. my thinking In the standard restaurant, the marginal benefit to the eater would be pleasure of eating, but the marginal cost- spend money is greater than the marginal benefit to the eater. In the buffet-style restaurant, the marginal cost benefit, it just charges a single price, so the eater becomes a glutton. CHAPTER 2 Q2 Answer: Economic growth is result of increases in supplies of resources; improvements in resource quality and technological advance. Use the government subsidy that is full employment and full production. We did not cost taxpayers anything. We full employment-we spend capital resources- government subsidy. The pizza and robots attainable. Q5 Answer: Economics is concerned with the problem of using or managing scarce resources to produce goods an... Posted by: Gina Allred Limited version - please login or register to view the entire paper. |
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