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Author Question: Refer to Table 9-5. Select the statement that accurately interprets the data in the table. A) ... (Read 74 times)

NClaborn

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Refer to Table 9-5. Select the statement that accurately interprets the data in the table.
 
  A) Madison has a greater opportunity cost than Austin for making tacos.
  B) Austin's opportunity cost for making tacos and making empanadas are both greater than Madison's.
  C) Austin has a greater opportunity cost than Madison for making empanadas.
  D) Madison's opportunity cost for making tacos is less than Austin's.

Question 2

Last month, the Tecumseh Corporation supplied 400 units of three-ring binders at 6 per unit. This month, the company supplied the same quantity of binders at 4 per unit. Based on this evidence, Tecumseh has experienced
 
  A) an increase in supply. B) a decrease in the quantity supplied.
  C) an increase in the quantity supplied. D) a decrease in supply.



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jointhecircus

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Answer to Question 1

D

Answer to Question 2

A




NClaborn

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


bassamabas

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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