Author Question: The above figure shows the competitive market for turkey. The producer surplus for the 300 millionth ... (Read 125 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
The above figure shows the competitive market for turkey. The producer surplus for the 300 millionth pound of turkey is
 
  A) 1.20 per pound.
  B) 135 million.
  C) 0.30 per pound.
  D) 0.80 per pound.

Question 2

In the above figure, which of the graphs demonstrates a curve with a decreasing slope, that is, a slope getting smaller in magnitude as x increases?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D



Brenm

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

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

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.

For a complete list of videos, visit our video library