Refer to the accompanying table. Pat's opportunity cost of making a pizza is delivering: Pizzas Made Per HourPizzas Delivered Per HourCorey126Pat1015
A. 2 pizzas.
B. 3/2 of a pizza.
C. 3 pizzas.
D. 2/3 of a pizza.
Answer: B
You might also like to view...
What is cyclical unemployment?
What will be an ideal response?
If a goal of a nation's residents is to increase marginal productivity, they should increase
A) expenditures on education. B) the inheritance tax. C) exports. D) the marginal propensity to consume.
Nominal GDP is $10,000 billion in 2011, but real GDP is only $9,000. It follows that:
a. the GDP deflator is equal to 111 b. the GDP deflator is equal to 100. c. the GDP deflator is equal to 90. d. prices must have decreased relative to the base year.
According to Keynes, an unbalanced budget is appropriate in all of the following situations except when
A. The economy is at full employment. B. Leakages and injections are out of balance. C. The economy is below full employment. D. Macro equilibrium is above full employment.