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

Author Question: Stephanie has decided to eat lunch between classes. She has ranked her choices, from highest to ... (Read 167 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
Stephanie has decided to eat lunch between classes. She has ranked her choices, from highest to lowest as, (1 ) turkey sandwich, (2 ) tuna sandwich, (3 ) slice of cheese pizza, (4 ) cheeseburger.
 
  The opportunity cost of the eating turkey sandwich is A) the combined value of the tuna sandwich, slice of cheese pizza and cheeseburger.
  B) the value of tuna sandwich, the next best choice.
  C) the value of the cheeseburger.
  D) zero since she has satisfied a want.

Question 2

According to the above figure, then the supply curve will
 
  A) shift from S1 to S2.
  B) shift from S2 to S1.
  C) remain at S1.
  D) shift either to the left or the right, but it is impossible to say without more information.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


vHAUNG6011

  • Member
  • Posts: 514
Reply 2 on: Jun 29, 2018
Gracias!

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Rates of Childhood Overweight and Obesity Worldwide The highest rates occur in the most affluent re Rates of Childhood Overweight and Obesity Worldwide The highest rates occur in the most affluent re
Drug Classes for Hypertension Drug Classes for Hypertension
Healthy lunch Healthy lunch
Pregnant and Lactating Women, Children, the Ill, and Older Adults Are at the Highest Risk Pregnant and Lactating Women, Children, the Ill, and Older Adults Are at the Highest Risk
Chemical structure of three classes of lipids Chemical structure of three classes of lipids
Satellite data showing net primary production. Productivity is coded as red (highest) down through o Satellite data showing net primary production. Productivity is coded as red (highest) down through o
Video: Fermentation pathways

For a complete list of videos, visit our video library