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

Author Question: If the wheat harvest next summer in Canada will be much less than had been expected, there will tend ... (Read 254 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
If the wheat harvest next summer in Canada will be much less than had been expected, there will tend to be
 
  A) a decrease in the price of wheat futures and an increase in the current cash price of wheat in the US.
  B) a decrease in the price of wheat futures and in the current cash price of wheat in the US.
  C) an increase in the price of wheat futures and a decrease in the current cash price of wheat in the US.
  D) an increase in the price of wheat futures and in the current cash price of wheat in the US.

Question 2

The marginal cost and total revenue of a firm are 5 and 275, respectively. The reservation value of the seller in this case is ________.
 
  A) 0
  B) 5
  C) 55
  D) 275


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

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

D

Answer to Question 2

B


09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Excellent

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Timothy O'Sullivan (negative) and Alexander Gardner (print), A Harvest of Death, Gettysburg, ... Timothy O'Sullivan (negative) and Alexander Gardner (print), A Harvest of Death, Gettysburg, ...
Sources of industrial solid waste in Canada Sources of industrial solid waste in Canada
The early onset of spring melting and the gradual diminution of summer snowpack The early onset of spring melting and the gradual diminution of summer snowpack
Understanding Youth Justice In Canada Understanding Youth Justice In Canada
Statistics Canada, Labour Force Survey Statistics Canada, Labour Force Survey
The expected value for a binomial probability distribution is _____. The expected value for a binomial probability distribution is _____.
Video: Spermatogenesis Animation

For a complete list of videos, visit our video library