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

Author Question: Suppose that you purchased a ticket to a jazz festival for $100 from an online ticket broker. Once ... (Read 189 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Apr 19, 2019

Question 1

Which of the following is 
not one of the three fundamental concepts of economics?


◦ profit maximization
◦ marginalism
◦ opportunity cost
◦ the working of efficient markets

Question 2

Suppose that you purchased a ticket to a jazz festival for $100 from an online ticket broker. Once you arrived at the festival, you discovered that parking costs you an additional $15. In this situation, the additional $15 you pay for parking is an example of


◦ an economic loss.
◦ opportunity cost.
◦ marginal cost.
◦ an inefficient cost.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lunatika on Apr 19, 2019

annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


lunatika

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Apr 19, 2019
Thank you!


annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

In Second Life, multiplayer online game, two avatars engage in virtual courtship. In Second Life, multiplayer online game, two avatars engage in virtual courtship.
Noid lights are usually purchased as an assortment so that one is available for any type or size ... Noid lights are usually purchased as an assortment so that one is available for any type or size ...
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ... Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Uterine (menstrual) cycle - phases

For a complete list of videos, visit our video library