The table above shows the production possibilities for an economy. The opportunity cost of a loaf of bread is ________ when moving from possibility B to possibility C
A) 1/2 of a book
B) 2 books
C) 200 books
D) 100 loaves of bread
E) 1 loaf of bread
B
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Unemployment insurance pools risk across __________, and Social Security and Medicare pool risk across __________
A. time; the labor force. B. the labor force; all retired people. C. time; age. D. the labor force; time.
Refer to Scenario 3.3 below to answer the question(s) that follow.SCENARIO 3.3: -Mustard and mayonnaise are substitutes. -Mustard and relish are complements. -Mustard is a normal good. -During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.Refer to Scenario 3.3. As a result of the recall, you would expect that
A. the supply of mustard would decrease, the price of mustard would increase, and the quantity demanded of mustard would decrease. B. the supply of mustard would decrease, the price of mustard would increase, and the demand for mustard would decrease. C. the price of mustard would increase, the supply of mustard would increase, and the quantity demanded of mustard would decrease. D. the price of mustard would increase and both the quantity of mustard supplied and the quantity of mustard demanded would increase.
At the Larson Bakery the marginal products of the first, second, and third sales clerks are 20, 17, and 11 customers served, respectively. The total product (number of customers served) of the first two sales clerks is
A. 3. B. 17. C. 37. D. 48.
Which of the following is not an example of a crime contemplated by the rational criminal model?
A. Assault B. Murder for hire C. Car theft D. Insurance fraud