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Author Question: In the above table, for Mary the opportunity cost of producing a dress is ________ and the ... (Read 67 times)

tingc95

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In the above table, for Mary the opportunity cost of producing a dress is ________ and the opportunity cost for Mark of producing a dress is ________.
 
  A) 1 1/2 jackets; 2 1/2 jackets
  B) 1 jacket; 1 jacket
  C) 1 dress; 1 dress
  D) 1 1/2 jackets; 2/3 of a jacket
  E) 1 1/4 jackets; 1/2 of a jacket

Question 2

As the exchange rate ________, the quantity supplied of U.S. dollars ________.
 
  A) falls; increases
  B) rises; increases
  C) falls; remains the same
  D) rises; remains the same
  E) rises; decreases



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wilsonbho

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Answer to Question 1

D

Answer to Question 2

B




tingc95

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


brbarasa

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Reply 3 on: Yesterday
Excellent

 

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