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Author Question: Opportunity cost exists because of A) poverty. B) scarcity. C) greed. D) ... (Read 113 times)

xclash

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on: Jun 29, 2018
Opportunity cost exists because of
 
  A) poverty.
  B) scarcity.
  C) greed.
  D) self-interest.

Question 2

When income is 15,000, the amount of income taxes owed is 2,000; when income increases to 20,000, the amount owed increases to 3,000. The average income tax rate when a person earns 15,000 is
 
  A) 75 percent.
  B) 15 percent.
  C) 13.3 percent.
  D) 20 percent.


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Mholman93

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


xclash

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

AngeliqueG

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Reply 3 on: Yesterday
Excellent

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