This topic contains a solution. Click here to go to the answer

Author Question: Firms that produce 80 percent of all computer chips have shut down their facilities for maintenance. ... (Read 50 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
Firms that produce 80 percent of all computer chips have shut down their facilities for maintenance. In the computer chip market this will lead to
 
  A) an increase in price and a decrease in quantity.
  B) an increase in price and an increase in quantity.
  C) a decrease in price and a decrease in quantity.
  D) a decrease in price and an increase in quantity.

Question 2

For every choice a person makes it can be assumed that
 
  A) the chooser has full knowledge of the situation.
  B) some opportunity cost was involved.
  C) there is a fifty-fifty chance the choice was the wrong one.
  D) a good is involved and satisfaction is gained.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

B




torybrooks

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
:D TYSM


ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library