« previous next »

Author Question: The income effect from a fall in the price of a gallon of gasoline is shown in the above figure by ... (Read 59 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
The income effect from a fall in the price of a gallon of gasoline is shown in the above figure by the movement from
 
  A) point A to point C.
  B) point A to point B.
  C) point B to point C.
  D) point A to point B and then to point C.

Question 2

If diseconomies of scale are present and the firm ________ all its inputs, its output ________.
 
  A) doubles; more than doubles
  B) doubles; less than doubles
  C) increases; increases by the same percentage
  D) halves; doubles


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

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?

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?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Salt marsh channels shown in cross section. Salt marsh channels shown in cross section.
The greenhouse effect: heat trapping by earth's atmosphere. The greenhouse effect: heat trapping by earth's atmosphere.
Biopsy. Various forms of gynecological biopsy are shown. Biopsy. Various forms of gynecological biopsy are shown.
Some ignition coils are electrically connected, called married (top figure), whereas others use ... Some ignition coils are electrically connected, called married (top figure), whereas others use ...
How much voltage does the resistor drop in Figure 10-2? How much voltage does the resistor drop in Figure 10-2?
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library