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Author Question: A person who chooses not to be in the labor force reveals that (Read 25 times)

casperchen82

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on: Apr 19, 2019

Question 1

The opportunity cost of using resources to produce more of one good instead of more of another good is its


◦ marginal revenue.
◦ marginal cost.
◦ price.
◦ total cost.

Question 2

A person who chooses not to be in the labor force reveals that


◦ his potential product in the market is zero.
◦ either leisure or the value of nonpaid labor is worth more to him than the value that society places on his potential product in the market.
◦ either leisure or the value of nonpaid labor is worth less to him than the value that society places on his potential product in the market.
◦ either leisure or the value of nonpaid labor is worth zero to him.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by casperchen82 on Apr 19, 2019

Yixagurpuldink

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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casperchen82

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

Liddy

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Reply 3 on: Yesterday
Wow, this really help

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