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

Author Question: Related to the Economics in Practiceon page 199: The price of hot dogs sold from a cart in New ... (Read 74 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Apr 19, 2019

Question 1

In efficient markets, ________ flows toward ________ opportunities.


◦ investment capital; consumption
◦ investment capital; profit
◦ consumption; profit
◦ consumption; investment

Question 2

Related to the 
Economics in Practice on page 199: The price of hot dogs sold from a cart in New York's Central Park is much higher than the standard price elsewhere in New York. Which of the following, if 
true, would provide the best explanation for this difference?


◦ Only licensed vendors may sell hot dogs from a cart, and the price of that license is higher for sales in Central Park than it is for sales elsewhere in New York.
◦ The standard price of hot dogs in New York is higher than the standard price of hot dogs in other cities.
◦ In Central Park, prices for hamburgers and other foods are typically higher than they are outside of Central Park.
◦ Almost all hot dog vendors sell essentially the same product: a standard quality-certified hot dog and two varieties of mustard.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stock on Apr 19, 2019

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Apr 19, 2019
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 49% of students answer this correctly


stock

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Apr 19, 2019
Thanks


allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

An old wooden cart, piled with rabbit skins, in New South Wales, Australia An old wooden cart, piled with rabbit skins, in New South Wales, Australia
A typical electric cooling fan assembly showing the radiator and related components. A typical electric cooling fan assembly showing the radiator and related components.
Halos, Sun Dogs, and Sun Pillars Halos, Sun Dogs, and Sun Pillars
International Economics: Theory and Policy (10th Edition) International Economics: Theory and Policy (10th Edition)
economics economics
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library