The above figure shows the market for hamburger. Which figure ...

[BRWH]

The above figure shows the market for hamburger. Which figure shows the effect of an announcement by the U.S. Food and Drug Administration (FDA)that eating hamburger causes early death?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D

Question 2

Suppose tennis shoes cost 50 per pair and firms supply 50,000 pairs of shoes. If the price decreases to 45 and firms decide to supply 48,000, the elasticity of supply equals
 
  A) 0.0025.
  B) 0.04.
  C) 2.63.
  D) 0.39.

[Leostella20]

Answer to Question 1

B

Answer to Question 2

D