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Author Question: Will scarce goods necessarily be rationed in some manner? A) Not if people agree to share them ... (Read 66 times)

Bob-Dole

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on: Jun 29, 2018
Will scarce goods necessarily be rationed in some manner?
 
  A) Not if people agree to share them equitably
  B) Not if there is enough for everyone to have what they need
  C) Not if their prices are free to rise
  D) Not if they are privately owned
  E) Yes

Question 2

Refer to the figure above. What is the consumer surplus after Lithasia opens up to free trade?
 
  A) 1
  B) 12
  C) 15
  D) 32


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macybarnes

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

D


Bob-Dole

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Reply 2 on: Jun 29, 2018
Gracias!

tuate

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

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