Refer to Figure 4-9. What is the area that represents producer ...

[Engineer]

Refer to Figure 4-9. What is the area that represents producer surplus after the imposition of the price floor?
 
  A) B + E + F B) A + B + E C) B + E D) B + C + D + E

Question 2

Refer to Table 2-15. What is Jack's opportunity cost of cultivating a garden?
 
  A) one-half of a garden cultivated B) two lawns mowed
  C) two-thirds of a garden cultivated. D) one and a half lawns mowed

[ong527]

Answer to Question 1

C

Answer to Question 2

D

[Engineer]

YES! Correct, THANKS for helping me on my review

[epscape]

Thanks for the timely response, appreciate it