Author Question: The cost of making an economic exchange is called a(n) ________ cost. A) sunk B) transaction ... (Read 88 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
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
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library