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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: Let's assume Ben can produce 3 units of a material good (M) or 3 units of a spiritual good (S) in a
Post by: Sublight2097 on Jun 20, 2015
Let's assume Ben can produce 3 units of a material good (M) or 3 units of a spiritual good (S) in a day, while Cal can produce 1 M or 2 Ss in a day. Which statement below is true?
A) It costs Cal 1/2 M to produce 1 S.
B) It costs Cal 2 Ss to produce 1 M.
C) It costs Ben 1 S to produce 1 M.
D) All of the above are true.


Title: Re: Let's assume Ben can produce 3 units of a material good (M) or 3 units of a spiritual good (S) i
Post by: Chimelo46 on Aug 22, 2015
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Title: Re: Let's assume Ben can produce 3 units of a material good (M) or 3 units of a spiritual good (S) in a
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: Let's assume Ben can produce 3 units of a material good (M) or 3 units of a spiritual good (S) in a
Post by: Chimelo46 on Aug 31, 2015
It was nothing, thanks for updating us.