Author Question: The cost of making an economic exchange is called a(n) ________ cost. A) sunk B) transaction ... (Read 138 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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library