This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to Scenario 10.6. If red rubber balls can be produced at any of the three plants, and John ... (Read 125 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
on: Jul 1, 2018
Refer to Scenario 10.6. If red rubber balls can be produced at any of the three plants, and John decides to produce 1 red rubber ball, at which plant will he produce it?
 
  A) California
  B) Florida
  C) Montana
  D) He is indifferent between California and Florida.
  E) He is indifferent between Florida and Montana.

Question 2

If an individual has 10,000 in a savings account paying 3 and the inflation rate is 2, the nominal interest rate is
 
  A) 3 and the real rate is 5.
  B) 5 and the real rate is 7.
  C) 5 and the real rate is 3.
  D) 3 and the real rate is 1.
  E) 5.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


melina_rosy

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Plants Plants
Plants Plants
Plants Plants
The site of Dmanisi has produced some of the earliest H. erectus outside of Africa. The site of Dmanisi has produced some of the earliest H. erectus outside of Africa.
Responses Produced by Activation of Specific Opioid Receptors Responses Produced by Activation of Specific Opioid Receptors
Cytoplasmic Male Sterility in Flowering Plants Cytoplasmic Male Sterility in Flowering Plants
Video: Kidney Stones

For a complete list of videos, visit our video library