Author Question: Refer to Figure 2-3. Carlos Vanya grows tomatoes and strawberries on his land. A portion of his land ... (Read 221 times)

B

  • Hero Member
  • *****
  • Posts: 570
Refer to Figure 2-3. Carlos Vanya grows tomatoes and strawberries on his land. A portion of his land is more suitable for growing tomatoes and the other portion is better suited for strawberry cultivation.
 
  Which of the graphs in Figure 2-3 represent his production possibilities frontier?
  A) Graph A
  B) Graph B
  C) Graph C
  D) either Graph A or Graph B
  E) either Graph B or Graph C

Question 2

An increase in the interest rate should ________ the demand for dollars and the value of the dollar, and net exports should ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; decrease
  D) increase; not change
  E) decrease; increase



akudia

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

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library