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

Author Question: A more efficient means of processing tree bark to produce an anticancer drug is discovered. As a ... (Read 111 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
A more efficient means of processing tree bark to produce an anticancer drug is discovered. As a result, the supply curve for the drug will:
 a. shift to the right, increasing the price of the drug.
  b. shift to the left, increasing the price of the drug.
  c. shift to the right, decreasing the price of the drug.
  d. shift to the left, decreasing the price of the drug.

Question 2

If MPC = 0.75, a 40 billion decrease in government purchases would have what size effect on the first round of changed consumption, and what effect on AD?
 a. reduce first round consumption by 160 billion; reduce AD by 640 billion
  b. reduce consumption by 120 billion; reduce AD by 480 billion
 c. reduce consumption by 40 billion; reduce AD by 160 billion
 d. reduce consumption by 30 billion; reduce AD by 160 billion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pikon

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Wow, this really help

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

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.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Leopard in a tree Leopard in a tree
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
All computer systems perform four basic functions: input, processing, storage, and output. All computer systems perform four basic functions: input, processing, storage, and output.
The two TP sensors used on the throttle body of an electronic throttle body assembly produce ... The two TP sensors used on the throttle body of an electronic throttle body assembly produce ...
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
phylogenetic tree phylogenetic tree
Video: Audiology

For a complete list of videos, visit our video library