Deciding if a college uses more PhDs than graduate assistants to teach introductory classes answers the economic question of
A) Who consumes the products produced?
B) What will be produced?
C) Where will the products produced be consumed?
D) How will we produce the products?
Correct Answer:
Verified
Q34: When economists construct economic models,
A) all but
Q35: Which of the following is NOT an
Q36: Positive economics questions "What ought to be?"
Q37: Most modern economic analysis is positive in
Q38: Deciding how products of a society are
Q40: Which of the following is NOT a
Q41: Is money a scarce factor of production?
Q42: Economists will never reach the same conclusions
Q43: According to the authors in this chapter,which
Q44: According to the Texas Transportation Institute,U.S.consumers waste
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