This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Over the past year price inflation has been 10, but the price of a used Ford Escort has fallen from ... (Read 34 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Jul 1, 2018
Over the past year price inflation has been 10, but the price of a used Ford Escort has fallen from 6,000 to 5,000. The real price of a Ford Escort has fallen by:
 
  A) 12.
  B) 17
  C) 20.
  D) 24
  E) 32.

Question 2

Prospective sunk costs
 
  A) are relevant to economic decision-making.
  B) are considered as investment decisions.
  C) rise as output rises.
  D) do not occur when output equals zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessicaduplan

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jul 1, 2018
:D TYSM

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Fossils Give Us a View of Past Life Fossils Give Us a View of Past Life
Past Human Past Human
Cause of Inflation Cause of Inflation
Thinking about Past Experiences While Asleep Thinking about Past Experiences While Asleep
The Ford logo on display at the 2009 New York International Auto Show. The Ford logo on display at the 2009 New York International Auto Show.
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library