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Author Question: Opportunity cost exists because of A) poverty. B) scarcity. C) greed. D) ... (Read 114 times)

xclash

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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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Mholman93

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Answer to Question 1

B

Answer to Question 2

C




xclash

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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