This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ... (Read 77 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
In the above figure, a price floor of 4
 
  A) leads to a shortage.
  B) leads to a surplus.
  C) has no effect.
  D) shifts the demand curve leftward.

Question 2

At point d in the above figure, the average product of labor equals
 
  A) 15.
  B) 4.
  C) 3.75.
  D) approximately 1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

robbielu01

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


asd123

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Excellent

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Place the tennis balls in a sock on the floor behind you, then lie with the middle of your thoracic ... Place the tennis balls in a sock on the floor behind you, then lie with the middle of your thoracic ...
Figure-8s at the knuckles of the hand. Figure-8s at the knuckles of the hand.
As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ... As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library