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Author Question: Refer to Figure 4-5. With rent control, the quantity supplied is Q1. Suppose apartment owners ignore ... (Read 86 times)

gonzo233

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Refer to Figure 4-5. With rent control, the quantity supplied is Q1. Suppose apartment owners ignore the law and rent this quantity for the highest rent they can get. What is the highest rent they can get?
 
  A) R1 B) R0 C) more than R1 D) R

Question 2

Refer to Table 2-8. What is Betty's opportunity cost of making a statue?
 
  A) 2 benches B) 1.4 statues C) 1/2 of a bench D) 1/3 of a bench



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dellikani2015

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Answer to Question 1

A

Answer to Question 2

C




gonzo233

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


xiazhe

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Reply 3 on: Yesterday
:D TYSM

 

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