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Author Question: Technology can enable producers to economize on: a. labor b. capital c. land d. any of the ... (Read 24 times)

aabwk4

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on: Jun 30, 2018
Technology can enable producers to economize on:
 a. labor
 b. capital
 c. land
 d. any of the above.

Question 2

Which of the following is an example of opportunity cost?
 a. The Chinese food that you give up when you choose to eat Italian food.
  b. The tuition that you pay to attend college.
  c. For a professor of economics, the pleasure that he or she derives from teaching economics.
  d. Sweets given up by a person who would never eat them even if he or she could.
  e. The price paid for a ticket when you go for a movie.


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Heffejeff

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

d

Answer to Question 2

a


aabwk4

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Reply 2 on: Jun 30, 2018
Excellent

komodo7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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