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1. Ecomamies in : A. the study of markets for toKe and bonds. 8, the atudy of choice under tonditión of scarity C. excusively the study of business, birins D. fundamentally the same az sociology

1. Ecomamies in : A. the study of markets for toKe and bonds. 8, the atudy of choice under tonditión of scarity C. excusively the study of business, birins D. fundamentally the same az sociology

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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1. Ecomaries in : A. the study of markels for toK2 and bonds. B. the study of choie undea tondibón of starity C. exclusively the study of business, birrns D. fundamentally the same as sociology 2. The opportunity cost of any adhm is: A. All possible altumalies fongone. B. the best altemative forgone c, the time reguired but net the monetany cost 3. Nlet benefde are maximjed when A. Manginal, Bendhit aquals manginal costs B. Manginal Binefit is greder than mavginal casts C. Marginal Benefct is egual to 3ero . D. Tatal benafit is greatir thom toal costs 1. Ouipat combindins beloo the produtim possibility frmtenl PPF) A. Could mdieale that some rlsonees are Unemployed, B, v unattamable. C. » better than Combinalions on the PPF D. mplis that toro mech capitat and not entugh labon gre being kaid 5. which of the Bollowing may slibt e PPF t the night ? A. A major blood B. New tednolagical break through that insreases produelirty resoures. C, Fall in quanlitis of esrwle D. None o3 the absve, PTO
Transcribed Image Text:1. Ecomaries in : A. the study of markels for toK2 and bonds. B. the study of choie undea tondibón of starity C. exclusively the study of business, birrns D. fundamentally the same as sociology 2. The opportunity cost of any adhm is: A. All possible altumalies fongone. B. the best altemative forgone c, the time reguired but net the monetany cost 3. Nlet benefde are maximjed when A. Manginal, Bendhit aquals manginal costs B. Manginal Binefit is greder than mavginal casts C. Marginal Benefct is egual to 3ero . D. Tatal benafit is greatir thom toal costs 1. Ouipat combindins beloo the produtim possibility frmtenl PPF) A. Could mdieale that some rlsonees are Unemployed, B, v unattamable. C. » better than Combinalions on the PPF D. mplis that toro mech capitat and not entugh labon gre being kaid 5. which of the Bollowing may slibt e PPF t the night ? A. A major blood B. New tednolagical break through that insreases produelirty resoures. C, Fall in quanlitis of esrwle D. None o3 the absve, PTO
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