Author Question: A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a ... (Read 114 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a
 
  A) decrease in the demand for lettuce.
  B) decrease in the supply of lettuce.
  C) decrease in both the demand and supply of lettuce.
  D) rightward movement along the demand curve for lettuce.

Question 2

As Sean's consumption of rice goes up, his
 
  A) average utility from consuming rice increases.
  B) total utility from consuming rice increases.
  C) marginal utility from consuming rice increases.
  D) elasticity of utility from consuming rice increases.



Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

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

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library