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Author Question: A consumer might consider in-line skates and elbow-pads to be A) products with upward sloping ... (Read 127 times)

Mr. Wonderful

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on: Jun 29, 2018
A consumer might consider in-line skates and elbow-pads to be
 
  A) products with upward sloping demand curves.
  B) unrelated goods.
  C) complements.
  D) substitutes.

Question 2

Fred and Ann are both given free tickets to see a movie. Both decide to see the same movie. We know that
 
  A) both bear an opportunity cost of seeing the movie because they could have done other things instead of seeing the movie.
  B) both bear the same opportunity cost of seeing the movie because they are doing the same thing.
  C) it is not possible to calculate the opportunity cost of seeing the movie because the tickets were free.
  D) the opportunity cost of seeing the movie is zero because the tickets were free.


Brenm

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

C

Answer to Question 2

A


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