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

Author Question: Refer to Table 4-13. The equations above describe the demand and supply for Aunt Maud's Premium Hand ... (Read 89 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Refer to Table 4-13. The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are 20 and 30 thousand units.
 
  What is the value of economic surplus in this market?
  A) 600 thousand B) 1,050 thousand C) 1,500 thousand D) 2,100 thousand

Question 2

If the price of pineapple juice was 4.50 a gallon and it is now 5.75 a gallon, what is the percentage change in price?
 
  A) 7.8 percent B) 12.5 percent C) 27.7 percent D) 57.5 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

medine

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

A

Answer to Question 2

C


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Wow, this really help

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Hand Washing Using Soap and Water Hand Washing Using Soap and Water
Right Hand Radial Aspect Right Hand Radial Aspect
Chimpanzees in the Gombe National Park, Tanzania groom each other by holding an overhead branch with Chimpanzees in the Gombe National Park, Tanzania groom each other by holding an overhead branch with
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
How to find the first and second differences for any table of values How to find the first and second differences for any table of values
How to solve exponential equations without logarithms (Part 1) How to solve exponential equations without logarithms (Part 1)
Video: Wound Cultures

For a complete list of videos, visit our video library