This topic contains a solution. Click here to go to the answer

Author Question: Over the past year price inflation has been 10, but the price of a used Ford Escort has fallen from ... (Read 60 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
Over the past year price inflation has been 10, but the price of a used Ford Escort has fallen from 6,000 to 5,000. The real price of a Ford Escort has fallen by:
 
  A) 12.
  B) 17
  C) 20.
  D) 24
  E) 32.

Question 2

Prospective sunk costs
 
  A) are relevant to economic decision-making.
  B) are considered as investment decisions.
  C) rise as output rises.
  D) do not occur when output equals zero.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessicaduplan

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

D

Answer to Question 2

A




Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library