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Author Question: Consider the following factors of production:a pharmaceutical research centre, a hairstylist's ... (Read 88 times)

yagurl

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on: Oct 12, 2022

Question 1

Suppose there are only three alternatives to attending a "free" social event: read a novel (you value this at $10), go to work (you could earn $20), or watch videos with some friends (you value this at $25). The opportunity cost of attending the social event is
◦ $55.
◦ $25.
◦ $45.
◦ $10.
◦ $20.

Question 2

Consider the following factors of production:
a pharmaceutical research centre, a hairstylist's scissors, Google headquarters, a cloud computing system, and a stapler at a checkout counter. Each of these is an example of
◦ land.
◦ goods.
◦ services.
◦ capital.
◦ labour.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by yagurl on Oct 12, 2022

ahardin89

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Reply #1 on: Oct 12, 2022
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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yagurl

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

bulacsom

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Reply 3 on: Yesterday
Excellent

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