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Author Question: Madeleine allows herself $100 per month for purchasing coffee. The diagram below illustrates the ... (Read 24 times)

ninaj

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on: Oct 12, 2022

Question 1

Which of the following is NOT considered a "factor of production" in economics?
◦ the espresso machine at your local cafe
◦ the wood stir sticks
◦ the land on which the cafe sits
◦ the espresso drink you purchase
◦ the barista who makes the coffee

Question 2

Madeleine allows herself $100 per month for purchasing coffee. The diagram below illustrates the choices available to her each month.



FIGURE 1-3

Refer to Figure 1-3. Which of the following combinations of regular coffees and lattes is affordable over the one-month period, given Madeleine's budget?


◦ 15 lattes and 30 coffees
◦ 4 lattes and 66 coffees
◦ 8 lattes and 50 coffees
◦ 16 lattes and 16 coffees
◦ 20 lattes and 80 coffees
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ninaj on Oct 12, 2022

senorfranco

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Reply #1 on: Oct 12, 2022
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.
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ninaj

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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