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

Author Question: Suppose that you own a house. What is the opportunity cost of living in the house? A) The ... (Read 97 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
Suppose that you own a house. What is the opportunity cost of living in the house?
 
  A) The opportunity cost is the rent you could have received from a tenant if you didn't live there.
  B) There is no opportunity cost unless you could set up a business in the house.
  C) There is no opportunity cost because you own the house.
  D) The opportunity cost is the cost of your monthly mortgage payment plus bills.

Question 2

In a market-based economy, the government
 
  A) allocates production. B) enforces property rights.
  C) encourages insurance risk. D) decides how much to produce.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshraies

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


saraeharris

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Excellent

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Frank Gehry and Vlado Milunić, Rasin Building (a.k.a. the "Dancing House" or ... Frank Gehry and Vlado Milunić, Rasin Building (a.k.a. the "Dancing House" or ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Modern house door design Modern house door design
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Mojave Grey - House of the Sun Mojave Grey - House of the Sun
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library