Question:

Economics help plzz?

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1: If a shipwrecked sailor on a desert island is capable of either catching 10 fish or harvesting 5 coconuts in one day, then the opportunity cost of producing one coconut is ____ fish.

one

two

three

five

2: The two main Ingredients of the U.S. Economy are:

natural resources and land

land and labor

natural resources and labor

land and money

3: The American free enterprise system emphasizes:

public ownership.

private ownership.

both public and private ownership.

not enough information.

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1 ANSWERS


  1. two

    land and labour

    private ownership

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