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Author Question: In the above figure, at point b what is the opportunity cost of producing 2 more audio tapes? A) ... (Read 109 times)

penguins

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on: Jun 29, 2018
In the above figure, at point b what is the opportunity cost of producing 2 more audio tapes?
 
  A) 1/2 video tape per audio tape
  B) 1 video tape per audio tape
  C) 6 video tapes per audio tape
  D) There is no opportunity cost.

Question 2

Which of the following transactions is NOT recorded in the capital and financial account?
 
  A) foreign investment in the United States
  B) U.S. investment abroad
  C) statistical discrepancy
  D) net interest income


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iceage

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


penguins

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  • Posts: 903
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

essyface1

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  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

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