Multiple Choice
Which of the following is the best example of land?
A) The ethanol refined from corn.
B) A factory that produces new goods and services.
C) The water used to make a soft drink.
D) A barber's chair.
Correct Answer:

Verified
Correct Answer:
Verified
Q98: Which of the following is true when
Q99: The essential feature of the market mechanism
Q100: The fundamental problem of economics is<br>A)The law
Q101: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" In Figure 1.6,if
Q102: Producing at a point inside the production
Q104: Table 1.3 shows the hypothetical trade-off
Q105: How does the market mechanism answer the
Q106: When an economy is producing efficiently,it is<br>A)Producing
Q107: Opportunity cost is<br>A)Measured only in dollars and
Q108: Explain why an economist would say,"There is