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Opportunity cost :sample question

(households production)many households supplements their food budget by cultivating small vegetable gardens.explain how each of the following migth influence this kind of household production:
a.both husband and wife are professionals who can earn high saleries.
b.the household is located in acity rather than in a rural area.
c.the household is located in a region where there is a high sales tax on food.
d. the household is located in a region that has has a high property tax rate.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9215406

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