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Author Question: The figure above shows Tanya's consumption possibilities. Tanya spends 100 per month on movies and ... (Read 135 times)

Haya94

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on: Jun 29, 2018
The figure above shows Tanya's consumption possibilities. Tanya spends 100 per month on movies and restaurant meals. The price of a movie ticket is ________ and the price of a restaurant meal is ________.
 
  A) 7; 15
  B) 10; 10
  C) 20; 5
  D) 5; 20

Question 2

Labor costs 20 per worker and capital costs 100 per unit. Then, according to the above table, which of the following options for pizza production is economically efficient?
 
  A) Option 1
  B) Option 3
  C) Option 4
  D) Both options 1 and 3 are economically efficient.


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aham8f

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Haya94

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
Wow, this really help

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