« previous next »

Author Question: Refer to Figure 9.5. If the government establishes a price floor of 2.50 and farmers grow only the ... (Read 82 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Refer to Figure 9.5. If the government establishes a price floor of 2.50 and farmers grow only the amount of berries that will be sold, total consumer and producer surplus will be
 
  A) 1.50.
  B) 300.
  C) 450.
  D) 500.
  E) 600.

Question 2

The slope of the budget line that expresses the tradeoff between risk and return for an asset can be represented by
 
  A) (Rf - Rm)/m.
  B) (Rm - Rf)/m.
  C) Rm - Rf.
  D) b.


ryhom

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Larynx, trachea, bronchi, and lungs with an expanded view showing the structures of an alveolus and Larynx, trachea, bronchi, and lungs with an expanded view showing the structures of an alveolus and
Andrea Palladio, Plan of main floor (piano nobile), Villa La Rotunda. Andrea Palladio, Plan of main floor (piano nobile), Villa La Rotunda.
Energy imbalance establishes a temperature gradient between the tropics and the poles Energy imbalance establishes a temperature gradient between the tropics and the poles
Adolescent girls reach adult height sooner than boys because their bones grow more rapidity Adolescent girls reach adult height sooner than boys because their bones grow more rapidity
Figure and Ground Figure and Ground
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Aneurysm

For a complete list of videos, visit our video library