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

Author Question: The city of Austin can buy roads or light rail. If 10 miles of roads cost 1 million and 2 miles of ... (Read 107 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
The city of Austin can buy roads or light rail. If 10 miles of roads cost 1 million and 2 miles of light rail cost 10 million, what is the city's opportunity cost of 1000 miles of roads?
 a. 100 million
  b. 2 miles of light rail
  c. 200 miles of light rail
  d. 50 million
  e. 1,000 million

Question 2

Which of the following would not be considered capital in economics?
 a. A delivery van used by Federal Express.
 b. 500 in currency.
 c. A microprocessor factory
 d. In economics, both (a) and (c) are considered capital.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Wow, this really help

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

A light-coloured cane toad A light-coloured cane toad
The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Development of the light microscope Development of the light microscope
Typical Startup Cost Categories Typical Startup Cost Categories
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library