Multiple Choice
In economics, a resource endowment is:
A) the things people have inherited.
B) the resources available to an economy.
C) a reward for efficient production.
D) the things people are entitled to.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q75: Cost- benefit analysis:<br>A)makes sure that the government
Q76: In a perfectly competitive market, each seller
Q77: When a resource like water, fish in
Q78: A market supply curve tells us how
Q79: Oil extraction arrangements need to deal with
Q81: An individual supply curve tells us how
Q82: Suppose that the demand for butter can
Q83: Market demand and supply curves tell:<br>A)the price
Q84: Which of the following is an example
Q85: Locational models cannot be used to explain:<br>A)the