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Author Question: Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is: ... (Read 65 times)

james

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on: Jun 30, 2018
Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is:
 
  A) 1 pound of apples. B) 0.33 pounds of apples.
  C) 0.5 pounds of apples. D) 2 pounds of apples.

Question 2

The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) is
 
  A) equal to one. B) greater than one. C) negative. D) less than one.


cam1229

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


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