Author Question: Autonomous consumption is consumer spending which is based on income levels. Indicate whether the ... (Read 20 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Autonomous consumption is consumer spending which is based on income levels.
 
  Indicate whether the statement is true or false

Question 2

Refer to the table above. The opportunity cost per dollar of value added in stitching shoes by workers in Laborland is ________.
 
  A) 0.25 B) 0.50 C) 2 D) 4



carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

FALSE

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library