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Author Question: Refer to Table 2-18. What is Minnie's opportunity cost of making an umbrella? A) 1/10 of a hat B) ... (Read 133 times)

BrownTown3

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on: Jun 29, 2018
Refer to Table 2-18. What is Minnie's opportunity cost of making an umbrella?
 
  A) 1/10 of a hat B) 1/4 of a hat C) 4 hats D) 40 hats

Question 2

An increase in the price of gasoline will increase the demand for hybrid vehicles. This statement is an example of a positive economic statement.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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potomatos

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


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