Refer to Figure 9.7. Before the policy was implemented, consumer ...

[Coya19@aol.com]

Refer to Figure 9.7. Before the policy was implemented, consumer surplus was
 
  A) 30.
  B) 60.
  C) 45,000.
  D) 90,000.
  E) 180,000.

Question 2

A variable cost function of the form: VC = 23 + Q + 7Q2 implies a marginal cost curve that is
 
  A) linear.
  B) downward sloping.
  C) U-shaped.
  D) quadratic.

[ciecieme]

Answer to Question 1

C

Answer to Question 2

A

[Coya19@aol.com]

Thanks for the timely response, appreciate it

[rachel]

Gracias!