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

Author Question: The term utility means a. satisfaction b. a low-valued good c. productivity d. adaptability e. ... (Read 20 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
The term utility means
 a. satisfaction
  b. a low-valued good
  c. productivity
  d. adaptability
  e. efficiency

Question 2

Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plausible economic explanation for this difference?
 a. Harold must enjoy ironing more than Sarah does.
  b. Harold must be better at ironing than Sarah is.
  c. The opportunity cost of ironing is greater for Harold.
  d. Harold probably has an absolute advantage in ironing.
  e. Sarah has a higher opportunity cost of laundering her clothes than Harold does.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

E




Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jul 1, 2018
Wow, this really help


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library