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

Author Question: Consider the following factors of production:a pharmaceutical research centre, a hairstylist's ... (Read 37 times)

yagurl

  • Full Member
  • ***
  • Posts: 152

Question 1

Suppose there are only three alternatives to attending a "free" social event: read a novel (you value this at $10), go to work (you could earn $20), or watch videos with some friends (you value this at $25). The opportunity cost of attending the social event is
◦ $55.
◦ $25.
◦ $45.
◦ $10.
◦ $20.

Question 2

Consider the following factors of production:
a pharmaceutical research centre, a hairstylist's scissors, Google headquarters, a cloud computing system, and a stapler at a checkout counter. Each of these is an example of
◦ land.
◦ goods.
◦ services.
◦ capital.
◦ labour.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yagurl on Oct 12, 2022

ahardin89

  • Full Member
  • ***
  • Posts: 157
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly




yagurl

  • Member
  • Posts: 152
Reply 2 on: Oct 12, 2022
Wow, this really help


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library