« previous next »

Author Question: The above figure shows four different markets with changes in either the supply curve or the demand ... (Read 65 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
The above figure shows four different markets with changes in either the supply curve or the demand curve. Which graph best illustrates the market for typewriters after technological advances in computerized word-processing software occur?
 
  A) Graph A
  B) Graph B
  C) Graph C
  D) Graph D

Question 2

If fair insurance is offered to a risk-averse person, she will
 
  A) buy enough insurance to eliminate all risk.
  B) not buy any insurance because it is overpriced.
  C) not buy any insurance since the marginal utility of the amount of the payment is positive.
  D) buy enough insurance to cover about half of the possible loss.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

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?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

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
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
The distribution of cones and rods over the human retina. The figure illustrates the number of cones ... The distribution of cones and rods over the human retina. The figure illustrates the number of cones ...
Titration curve for aspartic acid Titration curve for aspartic acid
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ... A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ...
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library