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Author Question: In the above figure, a black market emerges with a A) price ceiling of 4. B) price floor of 2. ... (Read 111 times)

sam.t96

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on: Jun 29, 2018
In the above figure, a black market emerges with a
 
  A) price ceiling of 4.
  B) price floor of 2.
  C) price floor of 4.
  D) a rationed quantity 30.

Question 2

The table below shows four alternative techniques for assembling a car. The cost of labor is 20 per hour, and the cost of capital is 10 per hour. Which of the four techniques for assembling a car is not technologically efficient?
 
  A) T-1
  B) T-2
  C) T-3
  D) T-4


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maya.nigrin17@yahoo.com

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


sam.t96

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Reply 2 on: Jun 29, 2018
Wow, this really help

kishoreddi

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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