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Author Question: The above figure shows the market demand curve for mobile telecommunications (time spent on a mobile ... (Read 163 times)

jerry coleman

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on: Jul 1, 2018
The above figure shows the market demand curve for mobile telecommunications (time spent on a mobile phone). If the price were 2.50, consumer surplus equals
 
  A) 301.00.
  B) 924.50.
  C) 1,225.50.
  D) 0

Question 2

During the Black Plague, capital became worthless. What can explain this?
 
  A) Capital's marginal product fell because there was less labor.
  B) Capitalists died off at a greater rate than the workers.
  C) Capital's marginal product increased but the marginal product of labor decreased.
  D) Workers forgot how to use the capital.


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Koolkid240

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


jerry coleman

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

dawsa925

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Reply 3 on: Yesterday
Wow, this really help

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