« previous next »

Author Question: Refer to Figure 9.8. Under free trade in sugar, domestic producer surplus will be A) 100. B) ... (Read 43 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
Refer to Figure 9.8. Under free trade in sugar, domestic producer surplus will be
 
  A) 100.
  B) 175.
  C) 10,000.
  D) 25,000.
  E) 30,625.

Question 2

What does the negative slope of the production possibilities frontier imply?
 
  A) Diminishing marginal utility.
  B) The only way to increase one person's utility is to decrease the other's.
  C) Diminishing marginal rates of technical substitution.
  D) The only way to increase output of one good is to decrease output of another.


bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

The Sugar Glider. The Sugar Glider.
figure 18-1 pituitary hormones figure 18-1 pituitary hormones
Humoral control of blood sugar levels. Humoral control of blood sugar levels.
The distribution of cones and rods over the human retina. The figure illustrates the number of cones ... The distribution of cones and rods over the human retina. The figure illustrates the number of cones ...
Glycerolipid/free fatty acid cycle and glyceroneogenesis Glycerolipid/free fatty acid cycle and glyceroneogenesis
Added Sugar in Common Foods Added Sugar in Common Foods
Video: Digestion Animation

For a complete list of videos, visit our video library