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

Author Question: New reports indicate that eating turnips helps people remain healthy. The news shifts the demand ... (Read 30 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
New reports indicate that eating turnips helps people remain healthy. The news shifts the demand curve for turnips rightward. In response, new farms enter the turnip industry.
 
  During the period in which the new farms are entering, the price of a turnip ________ and the economic profit of each existing firm ________. A) rises; rises
  B) rises; falls
  C) falls; rises
  D) falls; falls

Question 2

If the marginal social benefit of ice cream curve shifts rightward because people now like ice cream better than before, the marginal social cost curve of ice cream will shift leftward.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


schs14

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Gracias!

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

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."

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

The formation of a chimeric gene that is found in people with certain forms of leukemia. The formation of a chimeric gene that is found in people with certain forms of leukemia.
More People Are Living in Cities More People Are Living in Cities
A healthy diet is made up of well-balanced nutrients. A healthy diet is made up of well-balanced nutrients.
Basic Food Group Choices for a 1,200 Calorie Eating Plan Basic Food Group Choices for a 1,200 Calorie Eating Plan
Eating Disorders and Body Image (2 of 2) Eating Disorders and Body Image (2 of 2)
Eating Disorders and Body Image Eating Disorders and Body Image
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library