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

Author Question: Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the ... (Read 136 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
on: Jul 1, 2018
Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the supply curve for carrots to
 a. Shift to the left, causing the prices of carrots to rise
 b. Shift to the left, causing the prices of carrots to fall
 c. Stay the same
 d. The supply curve does not shift. Only the demand curve shifts.

Question 2

At a fair carnival roulette wheel, a player can either win 10, 30, or 80 . Assuming a rational player, how much should the game owner charge the player, to maximize his own profit?
 a. 30
  b. 40
  c. 50
  d. 80


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jul 1, 2018
Gracias!

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t
Risk Factors for Alzheimer's Disease Risk Factors for Alzheimer's Disease
Risk Factors of Osteoporosis Risk Factors of Osteoporosis
Per capita annual alcohol consumption (2005) Per capita annual alcohol consumption (2005)
Factors Affecting the Affinity of Hb for O2 Factors Affecting the Affinity of Hb for O2
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Requirements for nervous signals

For a complete list of videos, visit our video library