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Author Question: Larry spends all his 800 monthly income on pizza and milk. The price of pizza is 4 a slice, and the ... (Read 410 times)

Anajune7

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on: Jun 29, 2018
Larry spends all his 800 monthly income on pizza and milk. The price of pizza is 4 a slice, and the price of milk is 2 per quart. The relative price of milk is
 
  A) 2 slices of pizza per quart.
  B) 0.5 slices of pizza per quart.
  C) 2 per quart.
  D) 0.5 quarts per slice of pizza.

Question 2

The table above shows the short-run product schedule for Virginia's Tee-Shirts. The worker for whom the law of diminishing returns initially occurs is the ________ worker.
 
  A) 5th
  B) 4th
  C) 3rd
  D) 2nd


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vkodali

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

B

Answer to Question 2

C


Anajune7

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mcarey591

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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