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Author Question: Lucy can bake 200 cookies in an hour or watch her favorite tv show. If she chooses to watch her ... (Read 98 times)

vicky

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on: Jul 1, 2018
Lucy can bake 200 cookies in an hour or watch her favorite tv show. If she chooses to watch her show, the cookies are an example of
 a. Unlimited resources
 b. Limited wants
 c. Opportunity cost
 d. None of the above

Question 2

The general rule to increase profits when two close complementary brands are jointly owned is
 a. Increase prices for both brands
 b. Decrease prices for both brands
 c. Increase prices on one brand, decreasing it for the other
 d. Increase prices on one brand, keeping the prices of the second brand constant


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nital

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

c

Answer to Question 2

b


vicky

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

apple

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Reply 3 on: Yesterday
Wow, this really help

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