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Author Question: The term utility means a. satisfaction b. a low-valued good c. productivity d. adaptability e. ... (Read 78 times)

Mr3Hunna

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on: Jul 1, 2018
The term utility means
 a. satisfaction
  b. a low-valued good
  c. productivity
  d. adaptability
  e. efficiency

Question 2

Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plausible economic explanation for this difference?
 a. Harold must enjoy ironing more than Sarah does.
  b. Harold must be better at ironing than Sarah is.
  c. The opportunity cost of ironing is greater for Harold.
  d. Harold probably has an absolute advantage in ironing.
  e. Sarah has a higher opportunity cost of laundering her clothes than Harold does.


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sailorcrescent

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

E


Mr3Hunna

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

ricroger

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

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