Homesteaders who moved west to settle on free land found that a.the land was lush and fertile for growing crops and raising cattle. b.the land did not actually exist. c.they still needed about $1000 for a house, animals, fencing, seeds, and a well. d.natural resources were scarce, and the land was inhabitable.

Homesteaders who moved west to settle on free land found that a.the land was lush and fertile for growing crops and raising cattle. b.the land did not actually exist. c.they still needed about $1000 for a house, animals, fencing, seeds, and a well. d.natural resources were scarce, and the land was inhabitable.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter13: Positive Externalities And Public Goods

Section: Chapter Questions

Problem 4SCQ: The Junkbuyers Company travels from home to home, looking for opportunities to buy items that would...

See similar textbooks

Similar questions

Why is competition important in a free market? How can competition affects privces?
Could a nation be producing in a way that is allocatively efficient, but productively inefficient?
How can government assist resource-poor poultry farmers in acquiring broiler advancements technology which are feeding system and drinking system?
Asaap ne
In the given choices, is a contraint of resource/s? * O a. Pollution control laws O b. Inadequate demand c. Excessive production costs d. Inadequate financial capital
Which of the following illustrates property rights? OA. Lower economic opportunities increases crime. OB. Economic freedom brings greater prosperity. OC. When Europeans arrived in North America, there was a scramble for land. O D. Dave has patented his invention.
part D E urgnty need
Imagine a scenic canyon, visited by many local people as well as tourists from beyondthe local area. Consider a scenario in which a mining company has proposed to the localauthority that it be closed to the public and put into the production of coal. Thinking interms of economics as a way of adjudicating the relative value of one use of the canyon overthe other, what would you need to know in order to make a comparison or assessment?What kinds of quantitative data would inform your decision, and where might they comefrom? What kinds of things might you need to know that are hard to measure? Once youhave listed the kinds of information and data that might be available to inform this decision, do you think it would be sufficient to making this decision, why or why not?
what specific educational reforms should be made to ensure that thepoor and middle-income students would have a greater chance to be admitted in thestate universities and colleges in the country?
In what ways is your standard of living differentfrom that of your parents or grandparents when theywere your age? Why have these changes occurred?
SLO-1.1. In centrally planned (command) economies the decides what goods and services will be produced. Ogovernment Ofirms Oconsumers Orest of the world
You just got a job in Washington, D.C. You moveinto an apartment with some acquaintances. All yourroommates, however, are slackers and do not clean upafter themselves. You, on the other hand, can clean fasterthan each of them. You determine that you are 70%faster at dishes and 10% faster with vacuuming. All ofthese tasks have to be done daily. Which jobs shouldyou assign to your roommates to get the most free timeoverall? Assume you have the same number of hours todevote to cleaning. Now, since you are faster, you seemto get done quicker than your roommate. What sortsof problems may this create? Can you imagine a traderelated analogy to this problem?