The ability to produce a good or service at a lower opportunity cost than other producers is called

Kaitlyn and Larissa have formed a dog bathing and grooming business business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. The opportunity cost of grooming the sixth dog in a day is bathing ________ dog(s)

A) 0 B) 5 C) 6 D) 7

In the United States, the Federal Reserve pursues an inflation targeting policy of keeping inflation below 2 percent

Indicate whether the statement is true or false