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 30 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
Wow, this really help

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

In 1885 masked Nebraskans seeking access to water posed for photographer S. D. Butcher, who captione In 1885 masked Nebraskans seeking access to water posed for photographer S. D. Butcher, who captione
Note-taking Note-taking
Gingival enlargement in a patient taking nifedipine. Gingival enlargement in a patient taking nifedipine.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Pericarditis

For a complete list of videos, visit our video library