« previous next »

Author Question: A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a ... (Read 146 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a
 
  A) decrease in the demand for lettuce.
  B) decrease in the supply of lettuce.
  C) decrease in both the demand and supply of lettuce.
  D) rightward movement along the demand curve for lettuce.

Question 2

As Sean's consumption of rice goes up, his
 
  A) average utility from consuming rice increases.
  B) total utility from consuming rice increases.
  C) marginal utility from consuming rice increases.
  D) elasticity of utility from consuming rice increases.


Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

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?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Damaged Manatee Tail Damaged Manatee Tail
Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ... Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ...
The Coriolis Effect The Coriolis Effect
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ... One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
An example of an allosteric effect An example of an allosteric effect
Video: Control of ventilation rate by other brain centers (posts, hypothalamus & cerebral cortex)

For a complete list of videos, visit our video library