This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Flora's Flower Shop bought a new van for 23,000. Today, the market price of this van is 11,000. The ... (Read 49 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
Flora's Flower Shop bought a new van for 23,000. Today, the market price of this van is 11,000. The economic depreciation of the van is ________.
 
  A) 23,000
  B) 12,000
  C) 11,000
  D) 34,000

Question 2

Firms in perfectly competitive industries have a ________ individual demand curve when the price is on the vertical axis and the quantity is on the horizontal axis. The shape of the curve is result of the firm being a ________.
 
  A) horizontal; price taker
  B) downward sloping; price maker
  C) vertical; price taker
  D) downward sloping; price taker


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Foam Flower Foam Flower
The microchip is transforming our lives—the way we shop, spend our leisure, relate to one another, ... The microchip is transforming our lives—the way we shop, spend our leisure, relate to one another, ...
Connect shop air to the canister and adjust the air pressure regulator to the desired setting. ... Connect shop air to the canister and adjust the air pressure regulator to the desired setting. ...
Countries where malaria is prevalent today are located in the warm tropics and subtropics Countries where malaria is prevalent today are located in the warm tropics and subtropics
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library