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 68 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
Wow, this really help

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

he Three Domains of the Living World he Three Domains of the Living World
Would you put one of these in your house? :D Would you put one of these in your house? :D
Living will. Living will.
Cost Accounting 14 Cost Accounting 14
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: Structure of a Ribosome

For a complete list of videos, visit our video library