[pic] Top of Form Ottos midterm exam 1 |ABDELRAZEQ MARABEH | |Started: June 11, 2009 11:09 AM | |Questions: 26 | |ÃÂ | | |1. | |(Points: 4) ÃÂ | |ÃÂ |Steve and Karen decide to witness the homogeneous concert when they are all(prenominal) disposed(p) free tickets to it. We know that | | |[pic]a. both(prenominal)(prenominal) bear the self equal(prenominal) opportunity woo becaus e they are seeing the same thing. | | |[pic]b. both bear the same opportunity apostrophize because the tickets have the same face value. | | |[pic]c. both bear an opportunity cost but the value of the cost depends on what each person is adult up to attend the concert. | | |[pic]d. neither bears an opportunity cost since the tickets were given to them.

| |ÃÂ |Save react [pic] ! | |ÃÂ | |2. | |(Points: 4) ÃÂ | |ÃÂ |A point inside a production possibilities lift indicates | | |[pic]a. resources are not...If y ou want to get a full essay, secernate it on our website:
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