Author Question: In the above figure, the firm is breaking even at points A) a and c. B) b and d. C) c and d. ... (Read 64 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
In the above figure, the firm is breaking even at points
 
  A) a and c.
  B) b and d.
  C) c and d.
  D) a and d.

Question 2

During the first 6 months of 2008, the United States imported more than 1.6 billion pounds of coffee. Suppose the United States is considering placing trade restrictions on the importation of coffee.
 
  What would be a potential consequence of such a trade restriction? A) The U.S. price of coffee would increase.
  B) U.S. consumers would drink more coffee.
  C) The quantity of coffee imported into the United States would increase.
  D) U.S. consumer surplus from coffee would increase.



elyse44

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library