Refer to Table 9-5. Select the statement that accurately ...

[NClaborn]

Refer to Table 9-5. Select the statement that accurately interprets the data in the table.
 
  A) Madison has a greater opportunity cost than Austin for making tacos.
  B) Austin's opportunity cost for making tacos and making empanadas are both greater than Madison's.
  C) Austin has a greater opportunity cost than Madison for making empanadas.
  D) Madison's opportunity cost for making tacos is less than Austin's.

Question 2

Last month, the Tecumseh Corporation supplied 400 units of three-ring binders at 6 per unit. This month, the company supplied the same quantity of binders at 4 per unit. Based on this evidence, Tecumseh has experienced
 
  A) an increase in supply. B) a decrease in the quantity supplied.
  C) an increase in the quantity supplied. D) a decrease in supply.

[jointhecircus]

Answer to Question 1

D

Answer to Question 2

A

[NClaborn]

Thanks for the timely response, appreciate it

[amandalm]

Excellent