Author Question: The Farm Factory, a booth at the local Farmer's Market, sells fresh eggs for 1.50 per dozen and ... (Read 121 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
The Farm Factory, a booth at the local Farmer's Market, sells fresh eggs for 1.50 per dozen and fresh milk for 2.50 per gallon. What is the opportunity cost of buying a gallon of milk?
 
  A) 3/5 of a dozen eggs B) 1.50 C) 1 2/3 dozen eggs D) 2.50

Question 2

Refer to Table 7-6. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many belts will Morocco consume?
 
  A) 60 B) 70 C) 90 D) 120



deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library