« previous next »

Author Question: Refer to Figure 9.8. Under free trade in sugar, domestic producer surplus will be A) 100. B) ... (Read 44 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
Refer to Figure 9.8. Under free trade in sugar, domestic producer surplus will be
 
  A) 100.
  B) 175.
  C) 10,000.
  D) 25,000.
  E) 30,625.

Question 2

What does the negative slope of the production possibilities frontier imply?
 
  A) Diminishing marginal utility.
  B) The only way to increase one person's utility is to decrease the other's.
  C) Diminishing marginal rates of technical substitution.
  D) The only way to increase output of one good is to decrease output of another.


bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The human body produces and destroys 15 million blood cells every second.

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?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Pair of pygmy hippos beg for sugar cane at the Mount Kenya Wildlife Conservancy Pair of pygmy hippos beg for sugar cane at the Mount Kenya Wildlife Conservancy
Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®. Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®.
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Foods made with fat substitutes aren’t calorie free Foods made with fat substitutes aren’t calorie free
Identify the junction nodes in the circuit shown in Figure 21-1. Identify the junction nodes in the circuit shown in Figure 21-1.
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ... What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library