Billie's Billiard Barn has seen its business slow down ever since​ Patti's Ping Pong Parlour opened up across the street. Since the opening of​ Patti's Ping Pong​ Palace, the opportunity cost of shooting pool at​ Billie's Billiard Barn has   A. decreased.   B. increased.   C. not changed.   D. fallen to zero.

Suppose Michelle owns a women's clothing boutique. Each year, her total revenue is $300,000 and her explicit costs are $160,000. In addition, Michelle estimates that the opportunity cost of the resources she puts into her business is $90,000 per year. What is Michelle's economic Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

PC/PW < aLC/aLW What the reasoning/meaning behind the idea on how the economy will specialize in the production of cheese if the relative price of cheeses exceeds its opportunity cost?

The table given below reports the value of sales at each stage of production of an economics book.Table 5.1 The Production of an Economics Book Production Stage Sales Value Purchase of Timber $1.25 Processing of Timber into Paper $7.75 Printing $24.50 Retail Sales of Economics Book $38.00   Refer to Table 5.1. Compute the market price of an economics book. Group of answer choices $38 $7.75 $13.50 $71.50 $24.50

Economics: Labor Economics Question: 1 If unskilled labor and robotics are substitutes in production a decrease in the price of robotics is predicted to a. decrease the demand for unskilled labor if the scale effect outweighs the substitution effect. b. decrease the demand for unskilled labor if the substitution effect outweighs the scale effect. c. unambiguously increase the demand for unskilled labor. d. unambiguously decrease the demand for unskilled labor.   Question: 2 Assuming capital is fixed in the short run and variable in the long run what would likely happen to wages in the short and long run following a wave of immigration? a. a large decrease in the short run, followed by a smaller decrease in the long run b. a small decrease in the short run followed by a larger decrease in the long run c. an increase in the short run followed by a large decrease in the long run d. a decrease in the short run followed by an increase in the long run   Question: 3 Which of the following…

Wine A B F E с Bread D Refer to Figure 2-1. The most inefficient point depicted is: Point A Point C Point E Point G