Refer to the information provided in Figure 2.3 below to answer the question(s) that follow.Figure 2.3Refer to Figure 2.3. The law of ________ opportunity costs is best depicted by the production possibilities frontier in Panel A.

Harry needs to hire a lawyer but does not know how to find a good one. The lawyer is a(n)

A) experience good. B) credence good. C) logo good. D) search good.

Household spending on education is included in

a. consumption, although it might be argued that it would fit better in investment. b. investment, although it might be argued that it would fit better in consumption. c. government spending, based on the fact that most higher-education students attend publicly-supported colleges and universities. d. None of the above is correct; in general, household spending on services is not included in any component of GDP.