« previous next »

Author Question: The above table gives the market demand and market supply schedules for soda. There are no external ... (Read 117 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
The above table gives the market demand and market supply schedules for soda. There are no external benefits or external costs. What is the efficient quantity of soda?
 
  A) 1400
  B) 1000
  C) 600
  D) It is impossible to determine the efficient quantity without more information.

Question 2

In the figure above, if a minimum wage of 6 per hour has been imposed and the labor demand curve then shifts from D0 to D1 the wage rate ________ and the amount of employment ________.
 
  A) falls; decreases
  B) does not change; increases
  C) does not change; decreases
  D) falls; increases


quynhmickitran

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ENagel

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Correct answers!


quynhmickitran

  • Sr. Member
  • ****
  • Posts: 330
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

External and internal male genitalia. External and internal male genitalia.
External intercostals External intercostals
Height and weight table Height and weight table
Consider using a foam pad on your table. Consider using a foam pad on your table.
Stand at the side of the table facing the head. Apply lubricant with effleurage from ankle to hip ... Stand at the side of the table facing the head. Apply lubricant with effleurage from ankle to hip ...
How to create a frequency table and histogram from raw data How to create a frequency table and histogram from raw data
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library