Author Question: Producer surplus is always the total area below the price and above the supply curve. a. True b. ... (Read 91 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
Producer surplus is always the total area below the price and above the supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements about the Third World is true?
 a. Except for Latin America, most Third World citizens live in urban areas.
  b. The culture, politics, and geography of the Third World countries are very similar.
  c. Third World economies are largely dependent on manufacturing industries.
  d. The Third World is made up of non-communist developing countries.
  e. About 80 percent of the population of the Third World countries live in China and India.



Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

True

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library