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

Author Question: A worldwide hops (a flowers used in brewing) shortage made stouts, ales and other specialty ... (Read 58 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
A worldwide hops (a flowers used in brewing) shortage made stouts, ales and other specialty microbrews more pricy in 2008. Gayle Goshie, a hops farmer, blames overproduction for hops' previously cheap place on the agricultural market.
 
  The glut pushed many hop farmers out business, which gradually helped hop prices recover. Suppose farming hops is a perfectly competitive market. Why would some hop farmers go out of business? A) because the price of hops was below the minimum of average fixed cost
  B) because the price of hops was lower than the minimum of average variable cost
  C) because the price of hops was higher than the minimum of average variable cost
  D) because the price of hops was lower than the minimum of average total cost

Question 2

When individuals make decisions about how much schooling to obtain, they
 
  A) do not take account of the personal benefits that it creates.
  B) do not take account of the external benefits that it creates.
  C) overvalue the personal benefits that it creates.
  D) overvalue the external benefits that it creates.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


jrubin

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Excellent

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Walrus tusk engraving made by Chukchi artisans depicting polar bears attacking walruses. On display Walrus tusk engraving made by Chukchi artisans depicting polar bears attacking walruses. On display
Listening to Normal Speech or Its Prosodic Components Functional MRI scans were made while subjects Listening to Normal Speech or Its Prosodic Components Functional MRI scans were made while subjects
Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap
EMERGENCY TRAUMA ASSESSMENT MADE EASY EMERGENCY TRAUMA ASSESSMENT MADE EASY
Use dye specifically made for coolant when checking for leaks using a black light. Use dye specifically made for coolant when checking for leaks using a black light.
Foods made with fat substitutes aren’t calorie free Foods made with fat substitutes aren’t calorie free
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library