« previous next »

Author Question: The cost of making an economic exchange is called a(n) ________ cost. A) sunk B) transaction ... (Read 121 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
The cost of making an economic exchange is called a(n) ________ cost.
 
  A) sunk
  B) transaction
  C) social
  D) accounting

Question 2

Refer to the table above. What is the market supply of labor per week when the wage rate is 50?
 
  A) 12 hours
  B) 30 hours
  C) 50 hours
  D) 71 hours


wtf444

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Lenticels Allow Gas Exchange through the Periderm Lenticels Allow Gas Exchange through the Periderm
Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r
Detonation is a secondary ignition of the air–fuel mixture. It is also called spark knock or ... Detonation is a secondary ignition of the air–fuel mixture. It is also called spark knock or ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
The melting of glaciers and ice sheets is making an increasing contribution The melting of glaciers and ice sheets is making an increasing contribution
Economic question 5 Economic question 5
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library