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Costa Rica is a top exporter of coffee. The highest quality coffee is sold abroad, and the lower quality coffee is consumed by native Costa Ricans. Which of the following statements best describes the economic questions this paragraph addresses? For whom to produce? and What to produce? For whom to produce? and When to produce? How to produce? and For whom to produce? What to produce? and How to produce?


I'll sat For whom to produce? and What to produce?

Related Questions

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Which of the following is not an example of how media coverage of the Space Race affected the economy? The media only covered positive elements of the Space Race and never mentioned any setbacks. Space memorabilia were made and sold to the public to celebrate successful launches. Astronauts became public heroes and helped sell the image of the space program. The race to beat the Soviet Union to the Moon supported the growth of NASA and its facilities.

Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.

The above given option does not talk about any aspect of media coverage of the space race and its effects on the economy. Covering only positive aspect without explaining its economic implications does not have any positive or negative effect on any economic activity, externalities or economic well being of any country. On the other hand, option B , C and D talks about economic implications.


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Which of the following best describes a liability? a. anything of value owned by the business. b. something that a business owes. c. listed on the lift - hand side of a balance sheet. d. always equal to an asset

The correct answer of the given question would be option B. The statement that best describes a liability would be something that a business owes. A liability is considered an obligation and is listed on a company's balance sheet. This is part of the accounts payable. Hope this is the answer that you are looking for. 

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Total quality management theorizes that if workers are more responsible, they will ______. a. Increase overall quality b. Reduce overall quality c. Have no effect on overall quality d. None of the above

Total quality management (TQM) theorizes that if workers are more responsible, they will increases overall quality. Correct answer:A

TQM is a management approach towards improving the quality of an organization's outputs, including goods and services, through continual improvement of internal practices and leading to long–term success through customer satisfaction.

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Renting provides _________ flexibility but can lead to _________ costs in the long-term.greater; lowerBgreater; higherCless; lowerDless; higher

The answer is:

- Greater

- Higher

Since you did not spend large amount of money in renting, you can move freely without feeling that you've spend to much for the place to stay. This is why renting is considered to be more flexible compared to owning a house.

But, Renting tend to lead to higher cost in the long run because the owner of the property would definitely impose higher price than they spend to buy the property. Otherwise they would not obtain any profit.

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When Hurricane Katrina shut down many oil refineries, the supply curve for oil A. shifted to the left B. shifted to the right C. stayed the same D. became equal to zero

When Hurricane Katrina shut down many oil refineries, the supply curve for oil shifted to the left. This is because the oil refineries in the Gulf of Mexico shut down which meant the supply for oil dropped.

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A demand curve shows how changes in quality affect price. quantity affect price. quantity affect income. quality affect elasticity.

A demand curve shows how changes in quantity affect price. The demand curve is a graph that will have a good or service and how the quantity purchased is related to the price point the item is set at. Overall, the relationship between demand and price are directly related and depicted on the graph.

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What is a graphical representation of the combination of goods and services that can be produced in a situation?

The graphical representation of the combination of goods and services that can be produced in a situation is called:
Production possibility frontier
this usually used to attract the interest of potential market

hope this helps

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Select all the items that describe a free market economy. limited selection of goods and services freedom for consumers and producers competition between businesses distribution by price motivated by self-interest

The items that describe a free market economy are  :
- Freedom for consumers and producers
- Distribution by price
- Motivated by self-interest

Hope this helps

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In economics, if a good is inelastic, consumers have lost an interest in purchasing it. producers have lost an interest in manufacturing it. its supply or demand is too sensitive to price changes. its supply or demand is not sensitive to price changes.

In economics, if a good is inelastic, then its supply or demand is not sensitive to price changes.

Changes or fluctuations in market prices does not affect the supply and the Demand of inelastic goods.

Further Explanation;

  • Inelastic goods, are types of goods whose demand and supply is not affected by changes in market prices. That is an increase or decrease in market price does not affect their supply or demand.
  • When the price of an inelastic good changes, its supply and demand is unaffected.
  • Examples of such goods include, water and food. Therefore, for inelastic goods, the consumer buying strength and habits remain the same.

Demand and supply in determination of market price

  • Demand refers to the quantity of goods or services that consumers are willing and able to buy at a particular price while supply is the quantity of goods or services that suppliers are willing to supply to the market at a particular price.  
  • One of the factor that determine market prices are the forces of demand and supply, this is based on the ability and willingness of buyers and sellers to undertake selling and buying.
  • Buying and selling occurs at an equilibrium price that is agreed upon by sellers and buyers.  
  • This means the sellers and buyers are willing to exchange a certain quantity of a commodity at this price. Thus, price depends on the demand and supply in the market.
  • However, for inelastic goods such as water and food, the consumer has no option than to buy them at existing prices since they are necessity goods.

Keywords; Inelastic goods, demand and supply, market price.

Learn more about:

  1. Demand and supply; brainly.com/question/6749722
  2. Effect of supply and demand on market price: brainly.com/question/3522474

Level; High school  

Subject: Business

Topic: Demand and supply

Sub-topic: Types of goods

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How would a strong U.S. dollar impact the trade of grain produced in the United States? U.S. grain exports decrease U.S. grain exports increase U.S. grain imports decrease U.S. grain imports stagnate Two countries produce milk and dairy products efficiently. Neither has an absolute advantage. However, Country A exports milk to Country B, and Country A imports cotton from Country B. Which of the following is inferred? The opportunity cost of producing milk is lower for Country A. The opportunity cost of producing cotton is higher for Country B. Country A has a natural resource advantage in cotton. Country B has a natural resource advantage in milk.

When a country has a strong currency, generally its export decreases - this is the answer to the first question.

Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.

now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "The opportunity cost of producing milk is lower for Country A" is correct.


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The development of _____ marketing requires marketers to focus on ingenious tactics first and then develop tactics into a strategies. a. relationship b. transformational c. bottom-up d. transactional e. top-down

I think it'd be C.  
The development of bottom - up marketing requires marketers to focus on ingenious tactics first and then develop tactics into a strategies. 

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You can't save any money because you need every dime just to pay your mortgage and bills. What answer describes your situation? a. Upside down in your mortgage? B. Poverty. C. Foreclosure. D. House Poor.

I believe the correct answer from the choices listed above is option D. You can't save any money because you need every dime just to pay your mortgage and bills. YOur situation could be called as House Poor. It is a situation that describes a person who spends a large proportion of his or her total income on home ownership, including mortgage payments, property taxes, maintenance and utilities.

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Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a recession. the probabilities of an economic boom, normal state, or recession are 5 percent, 92 percent, and 3 percent, respectively. what is the expected rate of return on this stock?

                    Expected rate of return           Probabilities
Booming                22%                                    5%
Normal                  15%                                   92%
Recession               2%                                     3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 =  0.011
Normal:   0.15 x  0.92 = 0.138
Recession 0.02 x 0.03 = 0.0006
Sum total                     0.1496  or 14.96% is the expected rate of return on this stock

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In order for information to be meaningful, a firm’s accounting processes and procedures should be certified as accurate by acceptable accounting standards. companies hire ________ to provide unbiased opinions about the accuracy of a firm’s financial statements.

Here is the correct answer that would best complete the given statement above. In order for information to be meaningful, a firm’s accounting processes and procedures should be certified as accurate by acceptable accounting standards so companies hire BOOKKEEPER PRIVATE ACCOUNTANTS to provide unbiased opinions about the accuracy of a firm’s financial statements. Hope this is the answer that you are looking for. 

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Hill’s science diet markets high quality dog and cat food. on its website is a link to its community connect web page where pet owners can sign up for its pet chat e-newsletter, subscribe to its youtube channel, and click on a link that goes to hill’s facebook page where they can find out the latest news about or comment on hill’s products. this is a description of a website with a strong __________ design element.

Usability

The most important people involved in the design of a great website are your clients, the end users. We make sure that our sites are easy to navigate, have minimal load time, and provide visitors with a plethora of useful resources and information. We keep usability in mind in every aspect of our work from brainstorming to design and development to follow up and site maintenance. 

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The return on investment (ROI) from education is typically the highest for: A-A high school graduate B-A college applicant C-Someone with a 2-year (Associate) degree D-Someone with a 4-year (Bachelor’s) degree

The answer is "D-Someone with a 4-year (Bachelor’s) degree".


The return on investment (ROI) from education is ordinarily the most noteworthy for advanced education. Higher education is getting to be costly, in a way that you have to truly look and pick the sort of advanced education that suits you with the end goal to get a great rate of return.

Rate on Investment (ROI) is an execution measure, used to assess the proficiency of a venture or think about the productivity of various diverse speculations. return on initial capital investment estimates the measure of profit for a speculation, with respect to the venture's expense. To ascertain ROI, the advantage (or return) of a venture is separated by the expense of the investment. The outcome is communicated as a percentage or a ratio.

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In _____ interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews.

In unstructured interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews. This type of interview is also known as a standardized interview or a researcher-administered survey.

In structured interview, on the other hand, managers ask each applicant the same standard question.

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Which economic indicator demonstrates to the federal reserve that prices are stable from year to year? A) Producer Price Index B) Manufacture Price Index C) Consumer Price Index

I believe the correct answer from the choices listed above is option C. The economic indicator that demonstrates to the federal reserve that prices are stable from year to year would be the Consumer Price Index. It measures changes in the price level of a market basket of consumer goods and services purchased by households. Hope this answers the question.

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