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

Author Question: In the figure above, the opportunity cost of moving from point C to point D is A) the loss in ... (Read 98 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Jun 29, 2018
In the figure above, the opportunity cost of moving from point C to point D is
 
  A) the loss in production in the health care sector.
  B) the increase in production in the education sector.
  C) zero.
  D) the loss in production in the education sector.

Question 2

Dell lowers the price of their PCs by 10 percent. As a result, the quantity of Gateway computers demanded at the current price decreases by 12 percent.
 
  What is the cross elasticity of demand for Gateway computers with respect to the price of Dell computers? A) -1.20
  B) -0.83
  C) 1.20
  D) 0.83


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Excellent

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

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.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Circular petrissage to forehead. Use the thumbs moving in counterclockwise circles. The movement is ... Circular petrissage to forehead. Use the thumbs moving in counterclockwise circles. The movement is ...
Loud Music and Hearing Loss (2 of 2) Loud Music and Hearing Loss (2 of 2)
Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ... Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ...
How much voltage does the resistor drop in Figure 10-2? a. 59 mV b. 19.94 V c. 20 V d. 10 V How much voltage does the resistor drop in Figure 10-2? a. 59 mV b. 19.94 V c. 20 V d. 10 V
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library