This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Using the data in the above table, if the price of an hour of labor is 20 and the price of a unit of ... (Read 70 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Using the data in the above table, if the price of an hour of labor is 20 and the price of a unit of capital is 10, then the most economically efficient technique for producing 100 sweaters is
 
  A) A.
  B) B.
  C) C.
  D) D.

Question 2

Tonya, who is rich, and Jerome, who is poorer, both buy orange juice and croissants for lunch at the student cafeteria. Their budget constraints on a diagram with orange juice on the vertical axis and croissants on the horizontal have the same
 
  A) horizontal intercepts.
  B) vertical intercepts.
  C) slopes.
  D) midpoints.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


kellyjaisingh

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Wow, this really help

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
According to Table 17.1, which will reduce water but not Mg2+? According to Table 17.1, which will reduce water but not Mg2+?
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Graph Liters per Hour Graph Liters per Hour
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library