Author Question: Refer to Table 9-5. Select the statement that accurately interprets the data in the table. A) ... (Read 153 times)

NClaborn · **on:** Jun 29, 2018

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.