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

Author Question: Refer to Table 4-13. The equations above describe the demand and supply for Aunt Maud's Premium Hand ... (Read 32 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Refer to Table 4-13. The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are 20 and 30 thousand units.
 
  What is the value of economic surplus in this market?
  A) 600 thousand B) 1,050 thousand C) 1,500 thousand D) 2,100 thousand

Question 2

If the price of pineapple juice was 4.50 a gallon and it is now 5.75 a gallon, what is the percentage change in price?
 
  A) 7.8 percent B) 12.5 percent C) 27.7 percent D) 57.5 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

medine

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

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?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Physiology of the hand Physiology of the hand
Umberto Boccioni, Table + Bottle + House. Umberto Boccioni, Table + Bottle + House.
Surgical Hand Hygiene/Sterile Scrub Surgical Hand Hygiene/Sterile Scrub
Assisting the patient to transfer from the bed or examining table to a wheelchair. Assisting the patient to transfer from the bed or examining table to a wheelchair.
Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ... Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ...
Control you knife with one hand and hold the item being cut with the other (2 of 3) Control you knife with one hand and hold the item being cut with the other (2 of 3)
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library