Author Question: The above figure shows the total revenue curve for Dizzy Discs. The demand curve for CDs sold by ... (Read 89 times)

aabwk4

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The above figure shows the total revenue curve for Dizzy Discs. The demand curve for CDs sold by Dizzy Discs
 
  A) has negative slope.
  B) has positive slope.
  C) is horizontal.
  D) is vertical.

Question 2

The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at 8 per hour, how many hours of students' labor are unemployed?
 
  A) 12,000 hours
  B) 9,000 hours
  C) 6,000 hours
  D) 0 hours



vkodali

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Answer to Question 1

C

Answer to Question 2

C



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