Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is: ...

Author Question: Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is: ... (Read 70 times)

james

Hero Member
Posts: 573

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

Sr. Member
Posts: 329

Reply #1 on: Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

A

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th

Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra

In this photo opportunity, Phillies manager Ben Chapman refused to shake Jackie Robinson’s hand. ...

For millions of people, the United States represents a land of opportunity and freedom from ...

Blood Oranges

Refer to (d) in the figure above. This rectifier arrangement

Author Question: Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is: ... (Read 70 times)

james

Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is: ...

cam1229

Refer to the scenario above. The opportunity cost of producing one pound of oranges in Zeta is: ...

Related Topics

Need homework help now?