« previous next »

Author Question: The income effect from a fall in the price of a gallon of gasoline is shown in the above figure by ... (Read 60 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
The income effect from a fall in the price of a gallon of gasoline is shown in the above figure by the movement from
 
  A) point A to point C.
  B) point A to point B.
  C) point B to point C.
  D) point A to point B and then to point C.

Question 2

If diseconomies of scale are present and the firm ________ all its inputs, its output ________.
 
  A) doubles; more than doubles
  B) doubles; less than doubles
  C) increases; increases by the same percentage
  D) halves; doubles


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat
Ectopic pregnancies. (a) An ectopic pregnancy may occur in any of the locations shown. Interstitial Ectopic pregnancies. (a) An ectopic pregnancy may occur in any of the locations shown. Interstitial
Fall Fall
The Effect of Group Size on Relationships The Effect of Group Size on Relationships
Phases of the myocardial action potential. Ion movements during each phase are shown. Phases of the myocardial action potential. Ion movements during each phase are shown.
Cut the figure into two identical parts Cut the figure into two identical parts
Video: Complement Proteins Animation

For a complete list of videos, visit our video library