In the figure above, the opportunity cost of moving from point C ...

[fagboi]

In the figure above, the opportunity cost of moving from point C to point D is
 
  A) the loss in production in the health care sector.
  B) the increase in production in the education sector.
  C) zero.
  D) the loss in production in the education sector.

Question 2

Dell lowers the price of their PCs by 10 percent. As a result, the quantity of Gateway computers demanded at the current price decreases by 12 percent.
 
  What is the cross elasticity of demand for Gateway computers with respect to the price of Dell computers? A) -1.20
  B) -0.83
  C) 1.20
  D) 0.83

[bd5255]

Answer to Question 1

A

Answer to Question 2

C

[fagboi]

Wow, this really help

[amit]

Excellent