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Author Question: The above figures show the market for oranges. Which figure shows the effect of a new technology ... (Read 95 times)

viki

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on: Jun 29, 2018
The above figures show the market for oranges. Which figure shows the effect of a new technology called the orange picker, which harvests oranges less expensively than ever before?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D

Question 2

Sue has human capital worth 500,000 and nonhuman capital of 100,000. Todd has human capital worth 10,000 and nonhuman capital of 50,000. The return on each type of capital is 10 percent a year.
 
  Sue's income is ________ and Todd's income is ________. A) 10,000; 5,000
  B) 50,000; 1,000
  C) 600,000; 60,000
  D) 60,000; 6,000


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heyhey123

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


viki

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Reply #2 on: Jun 29, 2018
Correct answers!


heyhey123

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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