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Author Question: Fred has decided to buy a burger and fries at a restaurant, but is considering whether to buy a ... (Read 38 times)

bucstennis@aim.com

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on: Jun 30, 2018
Fred has decided to buy a burger and fries at a restaurant, but is considering whether to buy a drink as well. If the price of a burger is 3, fries are 2, and drinks are 1, but a value meal with all three costs 4.80, the marginal cost to Ted of the drink is:
 a. -0.20
  b. 0.20
 c. 0.80
 d. 1.00

Question 2

Higher levels of savings will result in all of following except:
 a. greater economic growth.
 b. higher capital formation.
 c. more consumption in the future.
  d. lower rates of investment.


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brittiany.barnes

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


bucstennis@aim.com

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  • Posts: 532
Reply 2 on: Jun 30, 2018
Excellent

hramirez205

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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