« previous next »

Author Question: Refer to the scenario above. What is the price effect of the price change? A) 1,750 B) 2,000 C) ... (Read 74 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
Refer to the scenario above. What is the price effect of the price change?
 
  A) 1,750
  B) 2,000
  C) 3,750
  D) 5,400

Question 2

The free rider problem causes goods not to be produced when
 
  A) the opportunity cost of providing them is low.
  B) the quantity supplied is greater than the quantity demanded.
  C) they can't be produced by government.
  D) they can't be provided exclusively to the people who pay for them.


missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Piercey-Normore and DePriest discovered that some lichens readily change partners. Piercey-Normore and DePriest discovered that some lichens readily change partners.
Effect of Atmospheric Stability Effect of Atmospheric Stability
Lake-effect snow: Cold air over warm water Lake-effect snow: Cold air over warm water
Normal change in sea level Normal change in sea level
Position effect, as illustrated in the eye phenotype in two female Drosophila Position effect, as illustrated in the eye phenotype in two female Drosophila
The effect of disruptive selection on bristle number in Drosophila The effect of disruptive selection on bristle number in Drosophila
Video: Heart sounds

For a complete list of videos, visit our video library