Author Question: Autonomous consumption is consumer spending which is based on income levels. Indicate whether the ... (Read 53 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Autonomous consumption is consumer spending which is based on income levels.
 
  Indicate whether the statement is true or false

Question 2

Refer to the table above. The opportunity cost per dollar of value added in stitching shoes by workers in Laborland is ________.
 
  A) 0.25 B) 0.50 C) 2 D) 4



carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

FALSE

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

For a complete list of videos, visit our video library