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

Author Question: In the figure above, what is Gap's economic profit? A) zero B) 5,000 C) -5,000 D) ... (Read 24 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
In the figure above, what is Gap's economic profit?
 
  A) zero
  B) 5,000
  C) -5,000
  D) -1,160

Question 2

The paradox of value can be resolved by distinguishing between
 
  A) quantity demanded and quantity supplied.
  B) supply and quantity supplied.
  C) normative and positive statements.
  D) total utility and marginal utility.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

14vl19

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


jlmhmf

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ... Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ...
economic economic
economic question economic question
economic question economic question
Locate the following places by reference number on the map:Key Locales of Political, Economic, ... Locate the following places by reference number on the map:Key Locales of Political, Economic, ...
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library