Author Question: A grocery shopper considers eliminating the middleman. What might she do? A) Raise her own cows, ... (Read 55 times)

melina_rosy · **on:** Jun 29, 2018

A grocery shopper considers eliminating the middleman. What might she do?

A) Raise her own cows, slaughter them, and butcher her own meat.
B) Grow her own wheat, mill it into flour, and bake her own bread.
C) Build her own fishing boat and begin halibut fishing.
D) All of the above.

Question 2

The above figure shows the market for college education in the United States. With no government intervention, the market equilibrium is at a tuition of ________ and ________ million students per year.

A) 16,000; 14
B) 20,000; 10
C) 13,000; 10
D) 13,000; 17
E) 16,000; 10