Individuals with homeowner's insurance tend to be more forgetful about locking their possessions safely before heading out. This is an example of

Refer to Table 5.1. What is Hector's opportunity cost of producing one bracelet?

A) 1/5 of a tiara B) 1.5 tiaras C) 5 tiaras D) 6 tiaras

A good with a horizontal demand curve has a demand

A) with an income elasticity of demand equal to 0. B) with a price elasticity of demand equal to 0. C) with a price elasticity of demand equal to infinity. D) for which there are no substitutes.