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

Author Question: The opportunity cost to a cab driver of taking the day off increases when A) it rains. B) more ... (Read 20 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
on: Jun 29, 2018
The opportunity cost to a cab driver of taking the day off increases when
 
  A) it rains.
  B) more cabs enter the business.
  C) the price of gasoline rises.
  D) the weather is so pleasant everyone prefers to walk.
  E) many other cabs are out on the streets.

Question 2

Refer to the figure above. What is the producer surplus when Lithasia engages in trade and the government imposes a tariff of 1 on chairs?
 
  A) 5
  B) 20
  C) 30
  D) 40


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


rmenurse

  • Member
  • Posts: 513
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

The truck driver subculture, centering on their occupational activities and interests, is also ... The truck driver subculture, centering on their occupational activities and interests, is also ...
The three stages we go through to develop the ability of taking the role of the other. The three stages we go through to develop the ability of taking the role of the other.
Cost Savings with an EHR System Cost Savings with an EHR System
Taking an interesting course can help keep your brain active. These seniors are taking a class in ... Taking an interesting course can help keep your brain active. These seniors are taking a class in ...
Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ... Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ...
Video: Fermentation pathways

For a complete list of videos, visit our video library