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

Author Question: Refer to the figure above. Calculate the total surplus in Lithasia under free trade. A) 150 B) ... (Read 90 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Refer to the figure above. Calculate the total surplus in Lithasia under free trade.
 
  A) 150
  B) 250
  C) 325
  D) 375

Question 2

The figure above shows the U.S. production function. How would an increase in capital be shown in the figure?
 
  A) an upward shift or rotation of the production function
  B) a downward shift or rotation of the production function
  C) a movement from point A to point B
  D) a movement from point C to point B
  E) None of the above because the effects of an increase in capital cannot be shown in the figure.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ms_sulzle

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


joblessjake

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
:D TYSM

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
How to calculate annuity when compounded semi-annually (Part 1) How to calculate annuity when compounded semi-annually (Part 1)
How to calculate present value (Question 1) How to calculate present value (Question 1)
Total Fitness and Wellness, Brief Edition, 4th Edition Total Fitness and Wellness, Brief Edition, 4th Edition
Calculate the molar solubility of CaF2 in a solution containing 0.250 M Ca(NO3)2. Calculate the molar solubility of CaF2 in a solution containing 0.250 M Ca(NO3)2.
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Wound Care

For a complete list of videos, visit our video library