In the above figure, if the market price is 100 per ton, then the firm's producer surplus on the second ton of wheat is
A) 25.
B) 50.
C) 75.
D) 100.
Question 2
In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering from a lower total revenue. (Source: New York Times, July 28, 2012 ) As the lobster catch increases, there is
A) a movement along the demand curve, resulting in a higher price and a decreased quantity.
B) a movement along the demand curve, resulting in a lower price and an increased quantity.
C) no change in either the price or the quantity.
D) a movement along the demand curve, resulting in a higher price and an increased quantity.
Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a
Lewis symbols,(Figure 1)
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Iraqi market
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...