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

Author Question: In the long-run equilibrium in perfect competition, A) producer surplus is positive. B) producer ... (Read 101 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jul 1, 2018
In the long-run equilibrium in perfect competition,
 
  A) producer surplus is positive.
  B) producer surplus is negative.
  C) producer surplus is greater than consumer surplus.
  D) producer surplus is less than consumer surplus.

Question 2

Assume the price of tomatoes increases. Which of the following causes would correspond to greater producer surplus?
 
  A) an increase in supply
  B) an increase in costs
  C) a decrease in supply
  D) an increase in demand
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Marty

  • Member
  • Posts: 553
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Blue whale skeleton, outside the Long Marine Laboratory at the University of California, Santa Cruz Blue whale skeleton, outside the Long Marine Laboratory at the University of California, Santa Cruz
Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
Long Term Control Medications Long Term Control Medications
In the figure, a 10.0-m long bar is attached by a frictionless hinge to a wall and held ... In the figure, a 10.0-m long bar is attached by a frictionless hinge to a wall and held ...
Application of the Hardy–Weinberg equilibrium Application of the Hardy–Weinberg equilibrium
Lastlings - Perfect World (Official Music Video) Lastlings - Perfect World (Official Music Video)
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library