Author Question: The cost of making an economic exchange is called a(n) ________ cost. A) sunk B) transaction ... (Read 120 times)

jc611

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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

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Answer to Question 1

B

Answer to Question 2

C



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