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Author Question: The term utility means a. satisfaction b. a low-valued good c. productivity d. adaptability e. ... (Read 21 times)

Mr3Hunna

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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.



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sailorcrescent

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Answer to Question 1

A

Answer to Question 2

E




Mr3Hunna

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Reply 2 on: Jul 1, 2018
Wow, this really help


Mochi

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Reply 3 on: Yesterday
Excellent

 

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