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Author Question: Shirley can choose between peanut butter pretzels and caramel coated popcorn for her evening snack. ... (Read 103 times)

cagreen833

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on: Jun 30, 2018
Shirley can choose between peanut butter pretzels and caramel coated popcorn for her evening snack. According to economists, her _____ cost of consuming caramel coated popcorn would be the forgone peanut butter pretzels.
 a. internal
  b. opportunity
  c. average
  d. transaction
  e. social

Question 2

In which market structure model(s) is product differentiation a significant feature?
 a. Perfect competition
  b. Monopolistic competition
  c. Monopoly
  d. Oligopoly
  e. Both perfect competition and monopolistic competition


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lucas dlamini

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


cagreen833

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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