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

Author Question: Opportunity cost usually a. cannot be measured b. applies to labor but not to capital c. is ... (Read 42 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Opportunity cost usually
 a. cannot be measured
  b. applies to labor but not to capital
  c. is involved in calculating economic profit
  d. is greater than the cash payment made to a resource
  e. is less than the cash payment made to a resource

Question 2

The difference between a firm's total revenue and what must be paid to attract resources from their best alternative use is called
 a. total revenue
  b. utility
  c. economic profit
  d. cost
  e. production efficiency


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


Destiiny22

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Wow, this really help

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
Skin signs are objective evidence of an illness or disorder. They can be seen, measured, or felt. Skin signs are objective evidence of an illness or disorder. They can be seen, measured, or felt.
Proportion of Women and Men in the U.S. Labor Force Proportion of Women and Men in the U.S. Labor Force
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library