This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If good growing conditions increase the supply of strawberries and hot weather increases the demand ... (Read 19 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
If good growing conditions increase the supply of strawberries and hot weather increases the demand for strawberries, the quantity of strawberries bought ________.
 
  A) increases and the price might rise, fall or not change
  B) increases and the price rises
  C) doesn't change and the price falls
  D) doesn't change and the price rises

Question 2

If an economist were to consult for a major Fortune 500 company, and he reached the conclusion the firm was making zero economic profit,
 
  A) the firm's accounting profit would be greater than zero.
  B) the firm should go out of business immediately.
  C) the firm's accounting profits would be lower.
  D) the economist's numbers were probably wrong because economic profit can never be zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

medine

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


CharlieWard

  • Member
  • Posts: 578
Reply 2 on: Jun 29, 2018
:D TYSM

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

An intra-aortic balloon pump increases circulation to the coronary arteries and decreases the worklo An intra-aortic balloon pump increases circulation to the coronary arteries and decreases the worklo
Olafur Eliasson, The Weather Project. Olafur Eliasson, The Weather Project.
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition
Video: Ionic bonds - role of ions in the body

For a complete list of videos, visit our video library