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
2024-08-18
19
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/3724891.html
相关试题推荐
George;Hey,Agnes.HowdidtheHumanResourcesmeetinggo?Icouldn’tmakeitb
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense;t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
Resourcescanbesaidtobescarceinbothanabsoluteandrelativesense:t
随机试题
Linguisticresearchershavegraduallycometounderstandhowandwhysomany
WhydidSeanFitzpatrickgotoAmerica?[br][originaltext]Youwillnowhearpa
人生是什么?人生的真相如何?人生的意义何在?人生的目的是何?这些人生最重大最中心的问题,不只是古来一切大宗教家哲学家所殚精竭虑以求解答的。世界上第一流的
[originaltext]M:I’mgoingtotalktoyounowaboutthesuffragettemovement.W
MasstransportationrevisedthesocialandeconomicfabricoftheAmerican
患者,男性,42岁。右季肋区隐痛,纳差3个月,间有低热,消瘦约3kg。体检:肝肋
银行应当建立有效的考评管理机制,注重绩效考评的过程和质量管理,强化绩效考评政策和
()是指从事证券、期货投资咨询业务的机构及其投资咨询人员为证券、期货投资人或者
针对如何对待自己做过的错题,王老师组织学生进行讨论,最后同学们决定分组进行错题整
(2015年真题)电气装置故障危害是由于电能或控制信息在传递、分配、转换过程中失
最新回复
(
0
)