This topic contains a solution. Click here to go to the answer

Author Question: The slope of a producer's production possibilities frontier represents the producer's A) sunk ... (Read 122 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
The slope of a producer's production possibilities frontier represents the producer's
 
  A) sunk costs of production.
  B) average costs of production.
  C) marginal costs of production.
  D) total costs of production.

Question 2

The figure above shows the market for candy. People become more concerned that eating candy causes them to gain weight, which they do not like. As a result, the
 
  A) demand curve shifts from D2 to D1 and the supply curve does not shift.
  B) demand curve shifts from D1 to D2 and the supply curve shifts from S1 to S2.
  C) demand curve shifts from D2 to D1 and the supply curve shifts from S2 to S1.
  D) demand curve does not shift, and the supply curve shifts from S1 to S2.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gcook

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

For a complete list of videos, visit our video library