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Author Question: Opportunity cost of an activity a. Is known to all parties b. Cannot be measured in dollar terms ... (Read 43 times)

fagboi

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on: Jul 1, 2018
Opportunity cost of an activity
 a. Is known to all parties
  b. Cannot be measured in dollar terms
  c. May include both monetary costs and foregone incomes
  d. Is known with all certainty

Question 2

Holding other things constant, if the US dollar depreciates, it makes the US exports
 a. Less attractive to foreigners
 b. More attractive to foreigners
 c. Neither more nor less attractive to foreigners
  d. None of the above


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kthug

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


fagboi

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

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Reply 3 on: Yesterday
Excellent

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