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Author Question: If a particular choice that an individual faces gives him a benefit of 20 but costs 30, the net ... (Read 61 times)

Lisaclaire

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  • Posts: 569
on: Jun 29, 2018
If a particular choice that an individual faces gives him a benefit of 20 but costs 30, the net benefit from making this choice equals:
 
  A) 20.
  B) 10.
  C) -10.
  D) -30.

Question 2

The figure above shows the production possibilities frontiers for four nations that have identical production possibilities frontiers in the present. The one that will grow most rapidly in the future is most likely to be producing at point
 
  A) A.
  B) B.
  C) C.
  D) D.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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cuttiesgirl16

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

C

Answer to Question 2

C


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