This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Flora's Flower Shop bought a new van for 23,000. Today, the market price of this van is 11,000. The ... (Read 51 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
Flora's Flower Shop bought a new van for 23,000. Today, the market price of this van is 11,000. The economic depreciation of the van is ________.
 
  A) 23,000
  B) 12,000
  C) 11,000
  D) 34,000

Question 2

Firms in perfectly competitive industries have a ________ individual demand curve when the price is on the vertical axis and the quantity is on the horizontal axis. The shape of the curve is result of the firm being a ________.
 
  A) horizontal; price taker
  B) downward sloping; price maker
  C) vertical; price taker
  D) downward sloping; price taker


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Parts of flower Parts of flower
Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap
The flower-to-fruit transition The flower-to-fruit transition
Criminology Today: An Integrative Introduction Criminology Today: An Integrative Introduction
Flower art kids Flower art kids
Control of flower formation, as revealed by mutations in Arabidopsis thaliana. Control of flower formation, as revealed by mutations in Arabidopsis thaliana.
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library