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Author Question: If the wheat harvest next summer in Canada will be much less than had been expected, there will tend ... (Read 230 times)

09madisonrousseau09

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on: Jun 29, 2018
If the wheat harvest next summer in Canada will be much less than had been expected, there will tend to be
 
  A) a decrease in the price of wheat futures and an increase in the current cash price of wheat in the US.
  B) a decrease in the price of wheat futures and in the current cash price of wheat in the US.
  C) an increase in the price of wheat futures and a decrease in the current cash price of wheat in the US.
  D) an increase in the price of wheat futures and in the current cash price of wheat in the US.

Question 2

The marginal cost and total revenue of a firm are 5 and 275, respectively. The reservation value of the seller in this case is ________.
 
  A) 0
  B) 5
  C) 55
  D) 275


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zenzy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


09madisonrousseau09

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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