This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Opportunity cost is measurable only when prices are known a. True b. ... (Read 11 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jul 1, 2018
Opportunity cost is measurable only when prices are known
 a. True
  b. False

Question 2

When a service, such as medical care, is provided free of charge,
 a. most people consume an infinite amount of it
  b. most people do not much care about getting good value for their money
  c. people do not derive any consumer surplus from it
  d. we say that the demand for it is perfectly elastic
  e. we say that the demand for it is perfectly inelastic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


futuristic

  • Member
  • Posts: 638
Reply 2 on: Jul 1, 2018
Wow, this really help

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Gasoline prices Gasoline prices
True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ... Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ...
Typical Startup Cost Categories Typical Startup Cost Categories
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library