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

Author Question: Changes in which of the following shifts the supply curve of hamburgers? A) a rise in the price ... (Read 82 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
Changes in which of the following shifts the supply curve of hamburgers?
 
  A) a rise in the price of soda, a complement for hamburgers
  B) new research that establishes a link between hamburgers and heart problems
  C) an increase in the price of meat used to produce hamburgers
  D) an economy-wide decrease in income because of a long recession

Question 2

If business firms do not have to generate revenues sufficient to cover their sunk costs, does anyone have to pay for mistaken decisions?
 
  A) No, because sunk costs are irrelevant.
  B) No, because the past cannot be undone.
  C) Only if they value their integrity or credit standing.
  D) The entire economy ends up paying.
  E) Yes. The people who committed resources to mistaken decisions pay the costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


piesebel

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
The Rise of the Second American Party System, 1828 The Rise of the Second American Party System, 1828
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Bacteria growth curve Bacteria growth curve
Video: Complement Proteins Animation

For a complete list of videos, visit our video library