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 16 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
Great answer, keep it coming :)

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

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?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

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
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Central Nervous System Animation

For a complete list of videos, visit our video library