« previous next »

Author Question: The above table gives the market demand and market supply schedules for soda. There are no external ... (Read 104 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 familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
table table
Standing at the head of the table, apply oil or lotion to the entire back with bilateral stroking. ... Standing at the head of the table, apply oil or lotion to the entire back with bilateral stroking. ...
ANOVA Table ANOVA Table
table table
table table
Video: Bulk flow - factors that influence bulk flow

For a complete list of videos, visit our video library