« previous next »

Author Question: Refer to the scenario above. What is the price effect of the price change? A) 1,750 B) 2,000 C) ... (Read 72 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
Refer to the scenario above. What is the price effect of the price change?
 
  A) 1,750
  B) 2,000
  C) 3,750
  D) 5,400

Question 2

The free rider problem causes goods not to be produced when
 
  A) the opportunity cost of providing them is low.
  B) the quantity supplied is greater than the quantity demanded.
  C) they can't be produced by government.
  D) they can't be provided exclusively to the people who pay for them.


missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

The effect of thyroid hormones on tadpole development The effect of thyroid hormones on tadpole development
Sequential decline of whale catches in the Antarctic shows the strong effect of human predators. Sequential decline of whale catches in the Antarctic shows the strong effect of human predators.
The Greenhouse Effect The Greenhouse Effect
Drag the labels to indicate the change in the size of the reservoir. . . Drag the labels to indicate the change in the size of the reservoir. . .
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
compton effect compton effect
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library