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 51 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


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library