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Author Question: Refer to Table 2-16. What is Estonia's opportunity cost of producing one board foot of lumber? A) ... (Read 61 times)

ahriuashd

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on: Jun 29, 2018
Refer to Table 2-16. What is Estonia's opportunity cost of producing one board foot of lumber?
 
  A) 0.2 cell phones B) 5 cell phones C) 8 cell phones D) 32 cell phones

Question 2

Refer to Table 4-8. If a minimum wage of 9.50 is mandated there will be a
 
  A) surplus of 20,000 units of labor. B) surplus of 10,000 units of labor.
  C) shortage of 10,000 units of labor. D) shortage of 20,000 units of labor.


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IAPPLET

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

A

Answer to Question 2

A


ahriuashd

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

tanna.moeller

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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