[Answered] Opportunity cost exists because of A) poverty. B) scarcity. C) greed. D) ...

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Author Question: Opportunity cost exists because of A) poverty. B) scarcity. C) greed. D) ... (Read 118 times)

xclash

Hero Member
Posts: 681

on: Jun 29, 2018

Opportunity cost exists because of

A) poverty.
B) scarcity.
C) greed.
D) self-interest.

Question 2

When income is 15,000, the amount of income taxes owed is 2,000; when income increases to 20,000, the amount owed increases to 3,000. The average income tax rate when a person earns 15,000 is

A) 75 percent.
B) 15 percent.
C) 13.3 percent.
D) 20 percent.

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Marked as best answer by a Subject Expert

Mholman93

Sr. Member
Posts: 328

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

C

xclash

Member
Posts: 681

Reply 2 on: Jun 29, 2018

TYSM

upturnedfurball

Member
Posts: 334

Reply 3 on: Yesterday

Wow, this really help

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