A consumer with $10 needs a dress, a pair of shoes, ...
A consumer with $10 needs a dress, a pair of shoes, a handbag and jewelry costing $20, $10, $7 and $3 respectively. The opportunity cost of buying the pair of shoes Is the_______
Dress
Jewelry
Handbag and Jewelry
Dress and Jewelry
Correct answer is C
No explanation has been provided for this answer.
The ordinalist approach of utility postulated that utility can be ...
The best technical description of a progressive tax is a ...
The specialization of labour enhances production because people ...
Under the socialist economy, the decision on what to produce is determined by the ...
Which of the following constitute the major components of money supply in a development economy? ...
Which of the following determinants of supply cannot be predicted easily? ...