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

Author Question: Between points b and c in the above figure, the opportunity cost of 250 more bushels of corn is ... (Read 135 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Between points b and c in the above figure, the opportunity cost of 250 more bushels of corn is
 
  A) 200 yards of cloth.
  B) 250 yards of cloth.
  C) 600 yards of cloth.
  D) 800 yards of cloth.

Question 2

When does a subsidy that benefits consumers result in a more efficient allocation of a resource?
 
  A) when the good being produced or consumed is not scarce
  B) when the good being produced or consumed generates a negative externality
  C) when the good being produced or consumed generates a positive externality
  D) when the equilibrium price of the good is one that consumers don't like


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


cabate

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
Excellent

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Imperfect flowers of corn, a monoecious plant. Imperfect flowers of corn, a monoecious plant.
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Joint movement of the fingers. Apply scissoring at the knuckles and figure-8s to the fingers to ... Joint movement of the fingers. Apply scissoring at the knuckles and figure-8s to the fingers to ...
Control points in pyrimidine synthesis Control points in pyrimidine synthesis
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library