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Author Question: In 2008, Agriculture Secretary Ed Schafer announced that Chile's Livestock and Agricultural Service ... (Read 49 times)

drink

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on: Jun 29, 2018
In 2008, Agriculture Secretary Ed Schafer announced that Chile's Livestock and Agricultural Service approved the U.S. inspection, control and certification systems for poultry, allowing these products to enter the Chilean market.
 
  What is NOT an effect of this change in Chilean policy on the Chilean poultry market? A) Chile's tariff revenue will increase.
  B) The quantity of poultry consumed in Chile will increase.
  C) The quantity of Chilean imports will increase.
  D) The price for poultry in Chile will decrease.

Question 2

Hilda buys only cauliflower, Qc, and geraniums, Qg. The equation for Hilda's initial budget line is 40 = 2  Qc + 4  Qg.
 
  If Hilda's income increases by 20, the price of cauliflower decreases by 1, and the price of geraniums increases by 1, the equation of her new budget line is ________. A) 60 = 1  Qc + 5  Qg
  B) 60 + 1  Qc = 5  Qg
  C) 0 = 60 + 1  Qc + 5  Qg
  D) 60 = 5  Qc - 1  Qg


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aprice35067

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

A

Answer to Question 2

A


drink

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Reply 2 on: Jun 29, 2018
Wow, this really help

cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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