« previous next »

Author Question: Producer surplus is always the total area below the price and above the supply curve. a. True b. ... (Read 53 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Producer surplus is always the total area below the price and above the supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements about the Third World is true?
 a. Except for Latin America, most Third World citizens live in urban areas.
  b. The culture, politics, and geography of the Third World countries are very similar.
  c. Third World economies are largely dependent on manufacturing industries.
  d. The Third World is made up of non-communist developing countries.
  e. About 80 percent of the population of the Third World countries live in China and India.


Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Chest CT scan. The stringy, cobweblike area indicates lung damage from smoking that has resulted in Chest CT scan. The stringy, cobweblike area indicates lung damage from smoking that has resulted in
The locations of human primary somatosensory cortex (SI) and one area of secondary somatosensory ... The locations of human primary somatosensory cortex (SI) and one area of secondary somatosensory ...
Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ... Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ...
The Kuznets Curve The Kuznets Curve
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Osmosis - water transport

For a complete list of videos, visit our video library