Author Question: An unusually warm winter shifts the A) supply curve of gloves rightward. B) supply curve of ... (Read 145 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
An unusually warm winter shifts the
 
  A) supply curve of gloves rightward.
  B) supply curve of gloves leftward.
  C) demand curve for gloves rightward.
  D) demand curve for gloves leftward.

Question 2

The supply of milk in Nexus City is perfectly elastic. If a tax is imposed on each gallon of milk sold, ________.
 
  A) the burden of the tax will fall entirely on the sellers
  B) the burden of the tax will fall entirely on the buyers
  C) the tax incidence on the sellers is higher than that on the buyers
  D) the deadweight loss due to taxation is zero



wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Medication errors are three times higher among children and infants than with adults.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library