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Author Question: The price of non-work activities is: A) zero. B) equal to the opportunity cost of those ... (Read 47 times)

Mimi

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The price of non-work activities is:
 
  A) zero.
  B) equal to the opportunity cost of those activities.
  C) less than the opportunity cost of those activities.
  D) greater than the opportunity cost of those activities.

Question 2

The price elasticity of demand for a good that is a necessity is likely to be:
 
  A) unit elastic.
  B) perfectly elastic.
  C) elastic, but not perfectly elastic.
  D) inelastic.



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alexanderhamilton

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Answer to Question 1

B

Answer to Question 2

D




Mimi

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


ryhom

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Reply 3 on: Yesterday
:D TYSM

 

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