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

Author Question: Molly just graduated from high school. The figure shows her possibilities frontier. If Molly goes to ... (Read 71 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 29, 2018
Molly just graduated from high school. The figure shows her possibilities frontier. If Molly goes to college, she will move from point M to point K. In terms of consumption goods, Molly's opportunity cost of going to college is
 
  A) MK.
  B) OL.
  C) KL.
  D) LM.

Question 2

Which of the following shifts the supply curve for good X leftward?
 
  A) a situation in which quantity demanded exceeds quantity supplied
  B) an increase in the cost of the machinery used to produce X
  C) a technological advance in the production of X
  D) a decrease in the wages of workers employed to produce X


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

af

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jun 29, 2018
:D TYSM

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

From space earth shows itself as a planet covered mostly by water. From space earth shows itself as a planet covered mostly by water.
(a) With few ticks, moose retain a brown coat; (b) at high numbers of ticks, moose self-groom, destr (a) With few ticks, moose retain a brown coat; (b) at high numbers of ticks, moose self-groom, destr
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Almonds contain high levels of healthy unsaturated fatty acids Almonds contain high levels of healthy unsaturated fatty acids
Favourite part of school kindergarten Favourite part of school kindergarten
Lane 8 - The Deep with Art School Girlfriend Lane 8 - The Deep with Art School Girlfriend
Video: Alzheimer's Disease

For a complete list of videos, visit our video library