This topic contains a solution. Click here to go to the answer

Author Question: The slope of a producer's production possibilities frontier represents the producer's A) sunk ... (Read 78 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
The slope of a producer's production possibilities frontier represents the producer's
 
  A) sunk costs of production.
  B) average costs of production.
  C) marginal costs of production.
  D) total costs of production.

Question 2

The figure above shows the market for candy. People become more concerned that eating candy causes them to gain weight, which they do not like. As a result, the
 
  A) demand curve shifts from D2 to D1 and the supply curve does not shift.
  B) demand curve shifts from D1 to D2 and the supply curve shifts from S1 to S2.
  C) demand curve shifts from D2 to D1 and the supply curve shifts from S2 to S1.
  D) demand curve does not shift, and the supply curve shifts from S1 to S2.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gcook

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library