« 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 61 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?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

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?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask, Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask,
Although Neandertal brain sizes fall well within the modern human range, their EQ is lower than mode Although Neandertal brain sizes fall well within the modern human range, their EQ is lower than mode
Effect of stimulus strength on size of graded potential. Effect of stimulus strength on size of graded potential.
Effect of Landfall Effect of Landfall
Determination of Income Inequality Determination of Income Inequality
Variable expressivity as shown in flies homozygous for the eyeless mutation in Drosophila Variable expressivity as shown in flies homozygous for the eyeless mutation in Drosophila
Video: Pericarditis

For a complete list of videos, visit our video library