« previous next »

Author Question: As a result of an increase in the supply of a good, the equilibrium quantity ________ and the ... (Read 37 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
As a result of an increase in the supply of a good, the equilibrium quantity ________ and the equilibrium price ________.
 
  A) increases; falls
  B) increases; rises
  C) decreases; falls
  D) decreases; rises

Question 2

In the table above, the value of marginal product of the third unit of labor is
 
  A) 3.
  B) 4.
  C) 12.
  D) 16.


fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Gallstones result from the crystallization of salts and other compounds in bile Gallstones result from the crystallization of salts and other compounds in bile
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Video: Passive Smoke Exposure

For a complete list of videos, visit our video library