Question 32 Figure 7-16 700 600- 500 400+ 300- 200 100 $100 3 $200 Supply 50 D Refer to Figure 7-16. If the price of the good is $300, then producer surplus amounts to 0/1 pts
700 600 500- 400 300+ 200 100- P 1 $100. $200. $300 12 Refer to Figure 7-16. If the price of the good is $300, then producer surplus amounts to $400 3 Supply 5 Q
Figure 6-6 price 20 18 16 14 12 10 8 6 4 2 10 20 30 40 50 60 70 80 quantity no surplus Refer to Figure 6-6. If the government imposes a price floor of $10 on this market, then there will be a surplus of 20 units. S a surplus of 30 units D a surplus of 10 units.
Table 3-6 Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate. Machine Minutes Needed to Make 1 Portugal Toothbrush Hairbrush Zimbabwe 3 10 Refer to Table 3-6. Which of the following combinations of toothbrushes and hairbrushes could Portugal produce in 30 minutes? toothbrush and hairbrushes 4 toothbrushes and hairbrushes
Assume that Zimbabwe and Portugal can switch between producing toothbrushes a producing hairbrushes at a constant rate. Machine Minutes Needed to Make 1 Portugal Toothbrush Hairbrush Zimbabwe 3 5 10 16 Refer to Table 3-6. Which of the following combinations of toothbrushes and hairbrushes could Portugal produce in 30 minutes? 1 toothbrush and 4 hairbrushes #toothbrushes and 2 hairbrushes 5 toothbrushes and 6 hairbrushes 6 toothbrushes and 5 hairbrushes
ct Question 7 Figure 2-18 Relationship between Price and Restaurant Meals 223 22 22 25 50 45+ 40 35 30 25+ Price 20+ 15 10 2 4 Y(5,20) (8.24) (12.16) 2(10,10) 6 8 10 12 14 16 Meals D 0/1 pts Refer to Figure 2-18. Which of the following could result in a movement from point B to point Z?
50 2292 2 2 2 2 45 40 35 30 25+ 20+ 15+ 10 5+ A(8.24) Y(5,20) (12,16) (10.10) 2 4 6 8 10 12 14 16 Meals Refer to Figure 2-18. Which of the following could result in a movement from point B to point Z? a change in the price of a restaurant meal a change in the number of restaurant meals demanded a change in income Botha and b are correct
Incorrect Incorrect Question 32 Figure 7-16 700 600- 500 400+ 300- 200 100 $100 3 $200 Supply 50 D Refer to Figure 7-16. If the pr
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