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Author Question: According to opportunity-cost theory, if the public lost most of its interest in spectator sports, ... (Read 73 times)

DyllonKazuo

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on: Jun 29, 2018
According to opportunity-cost theory, if the public lost most of its interest in spectator sports,
 
  A) athletes would have to charge more for their services in order to survive.
  B) the cost of hiring professional athletes would fall.
  C) the cost of hiring professional athletes would rise.
  D) the cost of hiring professional athletes would remain the same.

Question 2

Which of the following would lead to a decrease in the supply of crude oil?
 
  A) Favorable tax breaks for oil companies
  B) An increase in the demand for crude oil
  C) An increase in the price of gasoline
  D) Both A and C.
  E) None of the above.


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Toya9913

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

B

Answer to Question 2

E


DyllonKazuo

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Reply #2 on: Jun 29, 2018
Thank you :)


Toya9913

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Reply #3 on: Jun 29, 2018
Happy to help you


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