Australian producers decide to produce more compact cars and fewer tractors as the price of fuel rises. Producers are answering the ________ part of one of the two big economic questions.
A) "when"
B) "how many"
C) "what"
D) "how"
Correct Answer:
Verified
Q185: The slope of a straight line is
A)increasing.
B)decreasing.
C)constant.
D)variable.
Q186: Q187: Positive and normative statements differ in that Q188: When a farmer decides to raise pigs Q189: The problem of "scarcity" applies Q190: Your employer has asked you to start Q191: The term "opportunity cost" points out that Q193: If the price of apples is on Q195: Which of the following is NOT a Q310: ![]()
A)normative
A)only in economic
A)there![]()
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