« previous next »

Author Question: Refer to Figure 9.8. Under free trade in sugar, domestic producer surplus will be A) 100. B) ... (Read 90 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?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

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.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Wild boar/domestic pig hybrid, displayed at Rothschild Museum, Tring, England Wild boar/domestic pig hybrid, displayed at Rothschild Museum, Tring, England
Ivory trade in East Africa during the 1880s and 1890s Ivory trade in East Africa during the 1880s and 1890s
Energy Transfer Processes: Free Convection Energy Transfer Processes: Free Convection
Contributions to the free energy of folding of globular proteins Contributions to the free energy of folding of globular proteins
Foods made with fat substitutes aren’t calorie free Foods made with fat substitutes aren’t calorie free
Swimming Pool (Figure 3.1) Swimming Pool (Figure 3.1)
Video: Gas exchange - driving force

For a complete list of videos, visit our video library