« previous next »

Author Question: Social surplus is: A) the product of consumer surplus and producer surplus. B) the consumer ... (Read 143 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Social surplus is:
 
  A) the product of consumer surplus and producer surplus.
  B) the consumer surplus minus producer surplus.
  C) the ratio of consumer surplus to producer surplus.
  D) the sum of consumer surplus and producer surplus.

Question 2

Which of the following pairs of variables are likely to be positively correlated?
 
  A) Income and consumption
  B) Price and consumption
  C) Education and unemployment
  D) Availability of health care and death rate
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


duke02

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

The Social Control of Deviance The Social Control of Deviance
Religion can promote social change, as was evident in the U.S. civil rights movement. Dr. Martin ... Religion can promote social change, as was evident in the U.S. civil rights movement. Dr. Martin ...
Economic and Social Development Economic and Social Development
Social Conditions and Gender Social Conditions and Gender
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library