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Author Question: Which sum of money most adequately represents the value someone places on the works of Shakespeare? ... (Read 72 times)

tiffannnnyyyyyy

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on: Jun 29, 2018
Which sum of money most adequately represents the value someone places on the works of Shakespeare? The sum they would be willing to pay to
 
  A) purchase a set of Shakespeare's complete works.
  B) purchase a set of Shakespeare's complete works if they did not already own a set.
  C) purchase a set of Shakespeare's complete works if they did not have ready access to a set.
  D) purchase a set of Shakespeare's complete works if they had no other way to obtain access to the complete works.
  E) purchase a set of Shakespeare's complete works if they had no other way to obtain copies of any of them to read.

Question 2

A PPF bows outward because
 
  A) not all resources are equally productive in all activities.
  B) consumers prefer about equal amounts of the different goods.
  C) entrepreneurial talent is more abundant than human capital.
  D) resources are used inefficiently.


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harveenkau8139

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

E

Answer to Question 2

A


tiffannnnyyyyyy

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Reply #2 on: Jun 29, 2018
Thank you


harveenkau8139

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Reply #3 on: Jun 29, 2018
No problemo


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