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

Author Question: Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the ... (Read 141 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
on: Jul 1, 2018
Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the supply curve for carrots to
 a. Shift to the left, causing the prices of carrots to rise
 b. Shift to the left, causing the prices of carrots to fall
 c. Stay the same
 d. The supply curve does not shift. Only the demand curve shifts.

Question 2

At a fair carnival roulette wheel, a player can either win 10, 30, or 80 . Assuming a rational player, how much should the game owner charge the player, to maximize his own profit?
 a. 30
  b. 40
  c. 50
  d. 80


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

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

a

Answer to Question 2

b


Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jul 1, 2018
Gracias!

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Painting of a Colonial American boy holding a pet squirrel. Painting of a Colonial American boy holding a pet squirrel.
Exon recognition through cooperative binding of SR proteins and splicing factors Exon recognition through cooperative binding of SR proteins and splicing factors
Overeating: Social and Environmental Factors Overeating: Social and Environmental Factors
Sociologists study the social factors that underlie human behavior, the experiences that mold us, ... Sociologists study the social factors that underlie human behavior, the experiences that mold us, ...
Two techniques for holding and inserting an otoscope Two techniques for holding and inserting an otoscope
Formation of a DNA loop allows factors that bind to an enhancer or silencer Formation of a DNA loop allows factors that bind to an enhancer or silencer
Video: Neuron Type Animation

For a complete list of videos, visit our video library