Autonomous consumption is consumer spending which is based on income levels. Indicate whether the ...

Author Question: Autonomous consumption is consumer spending which is based on income levels. Indicate whether the ... (Read 61 times)

lilldybug07

Hero Member
Posts: 546

on: Jun 30, 2018

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

Reply #1 on: Jun 30, 2018

Answer to Question 1

FALSE

Answer to Question 2

C

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