Author Question: The cost of making an economic exchange is called a(n) ________ cost. A) sunk B) transaction ... (Read 119 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
The cost of making an economic exchange is called a(n) ________ cost.
 
  A) sunk
  B) transaction
  C) social
  D) accounting

Question 2

Refer to the table above. What is the market supply of labor per week when the wage rate is 50?
 
  A) 12 hours
  B) 30 hours
  C) 50 hours
  D) 71 hours



wtf444

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

For a complete list of videos, visit our video library