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 59 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
Gracias!

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Life Table Life Table
Apply lotion to the entire hand and arm, moving up the arm from hand to shoulder. Use moderate ... Apply lotion to the entire hand and arm, moving up the arm from hand to shoulder. Use moderate ...
Coolest Period Table EVER Coolest Period Table EVER
Blood Supply to the Lungs Blood Supply to the Lungs
Table Table
SUVAT equations SUVAT equations
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library