ANCOSAThe cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is twoelectric power plants, each serving a town of 60,000 population. It is two fine, fully equippedhospitals. It is some 50 miles of concrete highway." Source:https://www.juneauempire.com/opinion/opinion-guns-vs-butter-and-greed-over-all/ Accessed:14/08/22The dilemma that all nations confront in the above example is that...A. an increase in national defence is only possible if we produce more civilian goods and services.B. civilian goods and services can only be produced if we have adequate protection from themilitary.C. an increase in spending in national defence implies more sacrifices of civilian goods andservices.D. spending in national defence can be accomplished using the same resources at the same time.Assume that coffee and tea are substitutes. Derrick and Thandi are vendors at the station. Derricksells tea and Thandi coffee. They usually sell these drinks at R5 per cup. However, it is a cold Mondaymorning and Thandi decides to decrease the price of coffee to R4 a cup. The resultant effect wouldbe movement along the demand curve for coffee takes place since it is a change in the price ofcoffee.Select one:TrueFalseCConMa1.00PA

Answered: Image /qna-images/answer/9663b480-29dd-4879-a94a-7ac6205b6e48.jpg

ch serving a miles of concrete highway." Source: ire.com/opinion/opinion-guns-vs-butter-and-greed-over-all/ tions confront in the above example is that... tional defence is only possible if we produce more civilian god d services can only be produced if we have adequate protectie ending in national defence implies more sacrifices of civilian g onal defence can be accomplished using the same resources a d tea are substitutes. Derrick and Thandi are vendors at the stat ffee. They usually sell these drinks at R5 per cup. However, it is. ecides to decrease the price of coffee to R4 a cup. The resultant e demand curve for coffee takes place since it is a change in the

ch serving a miles of concrete highway." Source: ire.com/opinion/opinion-guns-vs-butter-and-greed-over-all/ tions confront in the above example is that... tional defence is only possible if we produce more civilian god d services can only be produced if we have adequate protectie ending in national defence implies more sacrifices of civilian g onal defence can be accomplished using the same resources a d tea are substitutes. Derrick and Thandi are vendors at the stat ffee. They usually sell these drinks at R5 per cup. However, it is. ecides to decrease the price of coffee to R4 a cup. The resultant e demand curve for coffee takes place since it is a change in the

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter22: Frontiers Of Microeconomics

Section: Chapter Questions

Problem 9PA

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You read about a traveling situation in which some airline passengers seem toget a “fast pass” through security and move effortlessly through the boarding process, while other passengers are waiting in long lines. In this example, the travellers who are moving quickly through the boarding process are probably: a) VIP passengers waiting longer more in an inconvenient lines b) Passengers who value time and convenience and are willing to pay additional fees for the privileges and other services c) Loyal passengers whom they knew beforehand in which line to go to avoid delays and inconveniences d) Government officials who are seated in the executive area
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don't chat gpt answer i will 5 upvotes urgent. An automobile that you own could be considered a rival good, while flood control might be a good example of a non-rival good. Select one: O True O False
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