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 175 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?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

For a complete list of videos, visit our video library