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Author Question: The economic efficiency of any process will be evaluated by A) the proportion of marginal to ... (Read 34 times)

RODY.ELKHALIL

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on: Jun 29, 2018
The economic efficiency of any process will be evaluated by
 
  A) the proportion of marginal to non-marginal costs.
  B) the ratio of work done to energy supplied.
  C) comparing what is gained from what is sacrificed.
  D) the relationship of supply to demand.

Question 2

Which of the following questions is NOT a microeconomic question?
 
  A) Can the Federal Reserve keep income growing by cutting interest rates?
  B) How would a tax on e-commerce affect eBay?
  C) What is Britney's opportunity cost of having another baby?
  D) Does the United States have a comparative advantage in information technology services?


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Zebsrer

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

C

Answer to Question 2

A


RODY.ELKHALIL

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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