« previous next »

Author Question: Jane is willing to pay 50 for a pair of shoes. The actual price of the shoes is 30. Her consumer ... (Read 149 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jun 29, 2018
Jane is willing to pay 50 for a pair of shoes. The actual price of the shoes is 30. Her consumer surplus on this pair of shoes is
 
  A) 20.
  B) 50.
  C) 30.
  D) 80.

Question 2

If in Chicago the interest rate is 5 percent a year and in Vancouver it is 4 percent a year, ________.
 
  A) the quantity of Canadian dollars purchased will increase
  B) the Canadian dollar is expected to depreciate
  C) interest rate parity does not exist
  D) the U.S. dollar is expected to depreciate


cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Jane Goodall first observed Gombe chimpanzees chewing leaves, then dipping the chewed-up “wadge” int Jane Goodall first observed Gombe chimpanzees chewing leaves, then dipping the chewed-up “wadge” int
Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose. Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose.
How to solve a pair of linear equations using the Addition-Subtraction Method How to solve a pair of linear equations using the Addition-Subtraction Method
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library