Author Question: If you must make a choice about consuming two apples, three oranges, or one candy bar, the ... (Read 81 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
If you must make a choice about consuming two apples, three oranges, or one candy bar, the opportunity cost of the two apples is the candy bar plus the three oranges.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is false?
 a. Property rights provide the rules of the economic game.
 b. Well defined property rights give individuals the incentive to use their property efficiently.
  c. Owners with property rights have an incentive to conserve their property.
 d. Owners have no incentive to care what values others place on what they own.



vseab

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

False

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library