by Campbell R. McConnell
Focuses on introductory economic theories and concepts.
The use of land for farming reduces the availability of land for housing. This BEST illustrates the concept of
A country producing within its Production Possibility Frontier illustrates
One variable, other than price, which could affect the demand for cars is
The Production Possibility Curve of a country which produces apples and cherries shrinks (leftward shift in the curve). Which of the following MOST likely accounts for the shift in the curve
When resources are limited in an economy, which of the following is MOST likely to occur?