This topic contains a solution. Click here to go to the answer

Author Question: The above figures show the market for oranges. Which figure shows the effect of a new technology ... (Read 40 times)

viki

  • Hero Member
  • *****
  • Posts: 525
The above figures show the market for oranges. Which figure shows the effect of a new technology called the orange picker, which harvests oranges less expensively than ever before?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D

Question 2

Sue has human capital worth 500,000 and nonhuman capital of 100,000. Todd has human capital worth 10,000 and nonhuman capital of 50,000. The return on each type of capital is 10 percent a year.
 
  Sue's income is ________ and Todd's income is ________. A) 10,000; 5,000
  B) 50,000; 1,000
  C) 600,000; 60,000
  D) 60,000; 6,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library