In the figure above, an increase in the supply of oil would ...

[Ebrown]

In the figure above, an increase in the supply of oil would result in a movement from
 
  A) point a to point e.
  B) point a to point b.
  C) point a to point c.
  D) point a to point d.

Question 2

Suppose it costs a farmer 1.00 to produce 1 unit of corn, 2.10 to produce 2 units of corn, and 3.30 to produce 3 units of corn. What's the marginal cost of producing 2 units of corn?
 
  A) 0
  B) 10 cents
  C) 1.10
  D) 2.00
  E) 2.10

[atrochim]

Answer to Question 1

B

Answer to Question 2

C

[Ebrown]

Thanks for the timely response, appreciate it

[alexanderhamilton]

TYSM