This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The price of non-work activities is: A) zero. B) equal to the opportunity cost of those ... (Read 45 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
The price of non-work activities is:
 
  A) zero.
  B) equal to the opportunity cost of those activities.
  C) less than the opportunity cost of those activities.
  D) greater than the opportunity cost of those activities.

Question 2

The price elasticity of demand for a good that is a necessity is likely to be:
 
  A) unit elastic.
  B) perfectly elastic.
  C) elastic, but not perfectly elastic.
  D) inelastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Hydration is essential to body function, especially engaged in strenuous activities Hydration is essential to body function, especially engaged in strenuous activities
Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology. Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology.
Work and Gender: Women at Work in India Work and Gender: Women at Work in India
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Created Equal: A Social and Political History of the United States, Brief Edition Created Equal: A Social and Political History of the United States, Brief Edition
Video: Inflammation

For a complete list of videos, visit our video library