« previous next »

Author Question: If Debbye is willing to pay 50 for a pair of shoes but only has to pay 20 because the shoes are on ... (Read 161 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
If Debbye is willing to pay 50 for a pair of shoes but only has to pay 20 because the shoes are on sale, then her consumer surplus on that pair of shoes is
 a. 50
  b. 20
  c. 70
  d. 30
  e. 25

Question 2

The market demand curve is the sum of individual quantities demanded at each price.
 a. True
  b. False


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jul 1, 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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

A pair of spotted hyenas at White River, Mpumalanga A pair of spotted hyenas at White River, Mpumalanga
Wandering Albatrosses are colonial but have large widely spaced territories. Here a pair performs th Wandering Albatrosses are colonial but have large widely spaced territories. Here a pair performs th
A pair of pygmy hippos at the Mount Kenya Wildlife Conservancy A pair of pygmy hippos at the Mount Kenya Wildlife Conservancy
Better Shoes Better Shoes
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library