Which Tools Allow Economists to Determine If the Allocation of Resources

question 88

Multiple Choice

Which tools allow economists to determine if the allocation of resources determined by free markets is desirable?

• A)profits and costs to firms
• B)consumer and producer surplus
• C)the equilibrium price and quantity
• D)incomes of and prices paid by buyers

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Definitions:

Virtual Memory

A method of simulating extra memory by using the hard disk space as if it were RAM.

Motherboard RAM

Refers to the Random Access Memory slots situated on the motherboard where memory modules are inserted to provide the system's working memory.

SPD Device

Surge Protection Device, a device designed to protect electrical equipment from voltage spikes by blocking or shorting to ground undesired voltages.

TPM Module

Trusted Platform Module, a specialized chip on an endpoint device that stores RSA encryption keys specific to the host system for hardware authentication.