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

Author Question: Assume a consumer has a horizontal demand curve for a product. His consumer surplus from buying the ... (Read 41 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Assume a consumer has a horizontal demand curve for a product. His consumer surplus from buying the product
 
  A) is maximized.
  B) can't be calculated.
  C) equals zero.
  D) Need more information.

Question 2

Joe's demand for spring water can be represented as p = 10 - Q (where p is measured in /gallon and Q is measured in gallons). He recently discovered a spring where water can be obtained free of charge. His consumer surplus from this water is
 
  A) 0.
  B) 50.
  C) 100.
  D) unknown based upon the information provided.
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

vseab

  • Sr. Member
  • ****
  • Posts: 323
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 25% of students answer this correctly


Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
:D TYSM

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
Buying A House: Institutional Discrimination and Predatory Lending Buying A House: Institutional Discrimination and Predatory Lending
Stretching the shoulder muscles with arm in horizontal flexion. Stretching the shoulder muscles with arm in horizontal flexion.
Titration curve for the tetrapeptide Glu-Gly-Ala-Lys Titration curve for the tetrapeptide Glu-Gly-Ala-Lys
Find derivative using product rule Find derivative using product rule
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Hormonal regulation of pregnancy - weeks 17 through 38

For a complete list of videos, visit our video library