Author Question: It can be said that ____ laid the foundation for the Industrial Revolution. a. the discovery of the ... (Read 211 times)

fox · **on:** Jun 30, 2018

It can be said that ____ laid the foundation for the Industrial Revolution.
a. the discovery of the Americas
b. private property rights
c. the invention of the cotton gin
d. the discovery of gold
e. the development of a strong judicial system

Question 2

Opportunity cost:
a. Always refers to the dollar price paid for a good.
b. Always equals the best alternative value of the time spent in going to a concert or sporting event.
c. Of any good is zero for any good that is given away free, if you wait in a line to get it.
d. Increases when the best foregone alternative becomes more valuable.