首页
登录
职称英语
Resources can be said to be scarce in both an absolute and relative sense: t
Resources can be said to be scarce in both an absolute and relative sense: t
游客
2023-10-19
11
管理
问题
Resources can be said to be scarce in both an absolute and relative sense: the surface of the earth is finite, imposing absolute scarcity; but the scarcity that concerns economists is the relative scarcity of resources for different uses. Material used for one purpose cannot at the same time be used for other purposes; if the quantity of an input is limited, the increased use of it in one manufacturing process must cause it to become less available for other uses.
The cost of a product in terms of money may not measure its true cost to society. The true cost of, say, the construction of a supersonic jet is the value of the schools and refrigerators that will never be built as a result. Every act of production uses up some of society’s available resources; it means the foregoing of an opportunity to produce something else. In deciding how to use resources effectively to society the wants of the community, this opportunity cost must ultimately be taken into account.
In a market economy the price of a good and the quantity supplied depend on the cost of making it, and the cost, ultimately, is the cost of not making other goods. The market mechanism enforces this relationship. The cost of, say, a pair of shoes is the price of leather, the labor, the fuel, and other elements used in producing them. However, the price of these inputs, in turn, depends on what they can produce elsewhere—if the leather can be used to produce handbags that are valued highly by consumers, the price of leather would be corresponding higher. [br] According to the passage, what are the opportunity costs of a product?
选项
A、The amount of time and money spent in producing it.
B、The opportunities a person has to buy.
C、The value of what could have been produced instead.
D、The value of the resources used in its production.
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3110321.html
相关试题推荐
Thedepletionofnaturalresourcesis________majorconcernof________societynow
"Myapartment,whichisinthecenterofthetown,isverysmall."Therelative
Gavin:Thatmealwasabsolutelydelicious,Fiona.Thanks.Fiona:I’mgladyoue
Thebicycleisarelativelyrecentinvention.Itisbyfarthemosteconomicala
Thebicycleisarelativelyrecentinvention.Itisbyfarthemosteconomicala
Formostuniversitystudents,financialresourcesarelimited.Tomakethemost
Thebicycleisarelativelyrecentinvention.Itisbyfarthemosteconomicala
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
随机试题
[originaltext]Woman:Dr.Mirkin,doctorsseemtoputalotofemphasisonex
Politiciansbeware.Softwarecanexaminelegislativebills,workingoutthe【
不属于工程计量的依据的是()。A.施工合同文件 B.工程量清单 C.质量合格
因阴精亏损,阴不敛阳,以致阳失潜藏,而致妇科疾病者,治则应是A.益火之源,以消阴
下列关于听证的说法中,正确的有()。A、当事人要求听证的,行政机关可以组织听证
计算机网络的目标是实现()。A.文献检索 B.资源共享和信息传输 C.数据处
(2019年真题)关于私募股权投资基金,下列说法正确的有()。A.GP可以
关于会计软件的配备方式,系统开发的周期较长是()的缺点。A、自行开发B、委托外
某项目工程费用8000万元,其中含可抵扣固定资产进项税500万元,固定资产其
投资项目决策分析与评价的基本要求包括贯彻落实科学发展观、资料数据准确可靠和()
最新回复
(
0
)