This topic contains a solution. Click here to go to the answer

Author Question: The figure above shows Clara's demand for CDs. If the price of a CD were to increase from 15 to 25, ... (Read 51 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The figure above shows Clara's demand for CDs. If the price of a CD were to increase from 15 to 25, Clara's total consumer surplus for all the CDs she buys would
 
  A) decrease by 40.
  B) remain unchanged.
  C) decrease by 90.
  D) increase by 80.

Question 2

If the Consumer Price Index last year was 110 and 115 this year, the inflation rate is approximately
 
  A) 4.5 percent.
  B) 5.0 percent.
  C) 10.0 percent.
  D) 15.0 percent.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

A




OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
:D TYSM


yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library