[Answered] In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ...

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Author Question: In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ... (Read 93 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.

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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

Thanks for the timely response, appreciate it

JCABRERA33

Member
Posts: 344

Reply 3 on: Yesterday

TYSM

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Author Question: In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ... (Read 93 times)

asd123

In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ...

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robbielu01

In the above figure, a price floor of 4 A) leads to a shortage. B) leads to a surplus. C) has ...

asd123

JCABRERA33