This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A person who chooses not to be in the labor force reveals that (Read 14 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by casperchen82 on Apr 19, 2019

Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
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.
Answer Preview
Only 25% of students answer this correctly


casperchen82

  • Member
  • Posts: 540
Reply 2 on: Apr 19, 2019
:D TYSM

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Muscle length versus isometric force Muscle length versus isometric force
The piston creates a tumbling force as it moves upward. The piston creates a tumbling force as it moves upward.
How the Wernicke-Geschwind model works in a person who is responding to a heard question and reading ... How the Wernicke-Geschwind model works in a person who is responding to a heard question and reading ...
1) (a) What is Coulomb?s Law? (b) Find the net electrostatic force on the charge labeled ?P? in ... 1) (a) What is Coulomb?s Law? (b) Find the net electrostatic force on the charge labeled ?P? in ...
Question about Resultant of gravitational force? Question about Resultant of gravitational force?
Migration as a force in evolution Migration as a force in evolution
Video: The life cycle of protein

For a complete list of videos, visit our video library