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Author Question: If the price of hot dogs increases, the demand for hot dog buns will A) increase. B) decrease. ... (Read 212 times)

Medesa

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  • Posts: 507
on: Jun 29, 2018
If the price of hot dogs increases, the demand for hot dog buns will
 
  A) increase.
  B) decrease.
  C) remain constant.
  D) shift to the right.

Question 2

Suppose an acre of land yields 100 bushels of corn and that one bushel of corn provides enough seed for one-quarter of an acre of land. The opportunity cost of consuming another 100 bushels of corn today is
 
  A) 100 bushels of corn next year.
  B) 25 bushels of corn next year.
  C) 10 bushels of corn next year.
  D) 2.5 bushels of corn next year.


okolip

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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