The above figure shows the competitive market for turkey. The producer surplus for the 300 millionth ...

Author Question: The above figure shows the competitive market for turkey. The producer surplus for the 300 millionth ... (Read 52 times)

nramada

Hero Member
Posts: 580

on: Jun 29, 2018

The above figure shows the competitive market for turkey. The producer surplus for the 300 millionth pound of turkey is

A) 1.20 per pound.
B) 135 million.
C) 0.30 per pound.
D) 0.80 per pound.

Question 2

In the above figure, which of the graphs demonstrates a curve with a decreasing slope, that is, a slope getting smaller in magnitude as x increases?

A) Figure A
B) Figure B
C) Figure C
D) Figure D

Brenm

Sr. Member
Posts: 359

Reply #1 on: Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

C

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.