This topic contains a solution. Click here to go to the answer

Author Question: Opportunity cost is measurable only when prices are known a. True b. ... (Read 46 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
Opportunity cost is measurable only when prices are known
 a. True
  b. False

Question 2

When a service, such as medical care, is provided free of charge,
 a. most people consume an infinite amount of it
  b. most people do not much care about getting good value for their money
  c. people do not derive any consumer surplus from it
  d. we say that the demand for it is perfectly elastic
  e. we say that the demand for it is perfectly inelastic



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

B




futuristic

  • Member
  • Posts: 638
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library