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

Author Question: The above figure shows the market for french fries at fast food joints. If the price of potatoes ... (Read 169 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 29, 2018
The above figure shows the market for french fries at fast food joints. If the price of potatoes rises and simultaneously people become concerned that french fries can cause heart attacks the
 
  A) demand curve for french fries shifts from D2 to D1 and the supply curve of french fries does not shift.
  B) demand curve for french fries shifts from D2 to D1 and the supply curve of french fries shifts from S2 to S1.
  C) demand curve for french fries shifts from D2 to D1 and the supply curve of french fries shifts from S1 to S2.
  D) demand curve for french fries does not shift, and the supply curve of french fries shifts from S1 to S2.

Question 2

Other things remaining the same, which of the following is likely to decrease both the wage rate and the number of workers hired in a tea estate?
 
  A) An increase in the price of tea
  B) A decrease in the price of tea
  C) A decrease in the opportunity cost of leisure
  D) An increase in the opportunity cost of leisure
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 29, 2018
Excellent

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Everyone has one nostril that is larger than the other.

Defensive mutualism involves species that receive food or shelter in return for providing protection Defensive mutualism involves species that receive food or shelter in return for providing protection
The paleoanthropologist must understand these deformations in order to figure out which strata a fos The paleoanthropologist must understand these deformations in order to figure out which strata a fos
Food Sources of the Essential Fatty Acids Many oils and nuts Food Sources of the Essential Fatty Acids Many oils and nuts
Portion sizes of French fries have more than doubled from the past Portion sizes of French fries have more than doubled from the past
Is It Safe To Get Your Meals from a Food Truck? Is It Safe To Get Your Meals from a Food Truck?
French Fries Fat or Lipids French Fries Fat or Lipids
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library