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Exhibit 2.5​Refer to Exhibit 2.5, which shows the production possibilities frontier for capital goods and consumer goods. Suppose an influx of immigrants benefits the production of both consumer goods and capital goods. In this case, which of the graphs best illustrates the impact on the production possibilities frontier?

Brian is the sole proprietor of Long Voyage Software, which generates maps for nature trails. He started the business with an initial investment of $80,000. A faulty map caused one customer to get hopelessly lost. After her rescue and recuperation, she sued Long Voyage for $5,000,000. Which of the following is true?

Entrepreneurial ability is rewarded by _____.

Question 7:  Whether this Spanish course is an elective or a requirement for your current degree/program, why did you choose to study Spanish in particular? Select all that apply from the list below. 

Goods and services are bought and sold in:

A good or service is considered scarce if:

A firm with a single owner who has the right to all profits but who also bears unlimited liability for the firm’s losses and debts is known as a(n) ______

If at a given price, the amount by which quantity supplied exceeds quantity demanded, there is _____

A system which is characterized by the public ownership of resources and centralized planning is known as a _____

What is another name for factor IV?