This topic contains a solution. Click here to go to the answer

Author Question: Opportunity cost is measurable only when prices are known a. True b. ... (Read 54 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
Opportunity cost is measurable only when prices are known
 a. True
  b. False

Question 2

When a service, such as medical care, is provided free of charge,
 a. most people consume an infinite amount of it
  b. most people do not much care about getting good value for their money
  c. people do not derive any consumer surplus from it
  d. we say that the demand for it is perfectly elastic
  e. we say that the demand for it is perfectly inelastic



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

B




futuristic

  • Member
  • Posts: 638
Reply 2 on: Jul 1, 2018
Wow, this really help


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

 

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?

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

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library