« previous next »

Author Question: The figure above shows the market for coffee. Coffee is a normal good. If consumers' incomes fall, ... (Read 57 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
The figure above shows the market for coffee. Coffee is a normal good. If consumers' incomes fall, the efficient quantity of coffee will ________ and the producer surplus will ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; decrease
  D) decrease; increase

Question 2

The above table describes the accounts for the country of Pacifica. Using this information, net exports for Pacifica equals
 
  A) 100.
  B) 900.
  C) -100.
  D) 650.


jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

good to eat good to eat
This red-bellied lemur shows clearly the traits that characterize strepsirhine primates. This red-bellied lemur shows clearly the traits that characterize strepsirhine primates.
This battery shows a large “1000” on the front panel but this is the CA rating and not the ... This battery shows a large “1000” on the front panel but this is the CA rating and not the ...
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
A good posture for practicing meditation is seated in a chair with the back upright and in ... A good posture for practicing meditation is seated in a chair with the back upright and in ...
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library