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Author Question: To evaluate the potential impact of changes to its SUV business, Ford Motor Company would use: A) ... (Read 33 times)

ap345

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on: Jul 1, 2018
To evaluate the potential impact of changes to its SUV business, Ford Motor Company would use:
 
  A) normative economic analysis.
  B) positive economic analysis.
  C) negative economic analysis.
  D) arbitrage analysis.

Question 2

Refer to Figure 9.1. Suppose the market is currently in equilibrium. If the government establishes a price ceiling of 20, consumer surplus will
 
  A) fall by 200.
  B) fall by 300.
  C) remain the same.
  D) rise by 200.
  E) rise by 300.


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fwbard

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


ap345

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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