Gas Lab Data Essay

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[pic] Top of Form Otto's midterm exam 1 |ABDELRAZEQ MARABEH | |Started: June 11, 2009 11:09 AM | |Questions: 26 | |Â | | |1. | |(Points: 4) Â | |Â |Steve and Karen decide to attend the same concert when they are each given free tickets to it. We know that | | |[pic]a. both bear the same opportunity cost because they are seeing the same thing. | | |[pic]b. both bear the same opportunity cost 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 giving up to attend the concert. | | |[pic]d. neither bears an opportunity cost since the tickets were given to them. | |Â |Save Answer [pic] | |Â | |2. | |(Points: 4) Â | |Â |A point inside a production possibilities curve indicates

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