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

Author Question: In the above figure, a price of 15 per dozen roses would result in a ________ so that the price of ... (Read 122 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
In the above figure, a price of 15 per dozen roses would result in a ________ so that the price of roses will ________.
 
  A) surplus; rise
  B) surplus; fall
  C) shortage; rise
  D) shortage; fall

Question 2

In the above figure, the firm will produce
 
  A) 0 units.
  B) 5 units.
  C) 15 units.
  D) 20 units.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

C

Answer to Question 2

D





 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library