33) The market supply function is P-10+ Q and the market demand function is P-70-20. What is the change in consumer surplus associated with a minimum floor price of $40? A)-$25 B)-$150 C)-$175 D)-$200 Answer: C Diff: 2 Section: 9.3

Market Basket 1990 (Base Year) 2010 2011 Product Quantity Price Price Price A B C D 8 12 21 16 If your answer is not a whole number, round to two decimal places. What is the cost of the market basket in 1990? $ $4 $6 $7 $6 $9 $9 $7 $9 $10 $10 $14 $13 A/ What is the cost of the market basket in 2010? $ A What is the cost of the market basket in 2011? $ What is CPI in 1990? A/

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The table below shows the maximum output levels for Here and There. Cloth Computers Here 110 or 60 There 70 or 120 a. What is the cost of 1 unit of cloth and a computer in Here? Round your answers below to 2 decimal places. 1 cloth computers. 1 computer units of cloth. b. What is the cost of 1 unit of cloth and a computer in There? Round your answers below to 2 decimal places. 1 cloth = computers. 1 computer = units of cloth. c. In which product does each country have a comparative advantage? Here: (Click to select) v There: (Click to select) v. d. What is the range of feasible terms of trade between the two countries? Round your answers below to 2 decimal places. Feasible terms of trade computers to between 1 unit of cloth to units of cloth. between 1 computer 8 of 33 Next > < Prev

1. Of the major costs of a typical family, which do you think differ most by geography and account for these purchasing power differences?  (e.g. home prices/rents much higher in certain states (California, New York) compared to others (Mississippi))

Tass ass Activity Number of Workers 1 2 3 4 5 6 https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%2 Last summer Daniel started the Custom Made Pot Company, which specializes in earthenware pots. The number of pots produced daily varies with the number of workers he employs as shown in Table A given below: 110 100 TP Table A 10 80 180 240 280 294 MP AP Saved 52Fnewconnect.mhe a) Fill in the marginal and the average product of labour columns in Table A given above. b) On Graph A given below, plot the average and the marginal product curves. Plot all the points of MP and AP using the tool MP and AP. Once all points have been plotted, click on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed. E Graph A Tools

Question 4 Jesse works as a research assistant and is currently surveying participants in a study. In a typical work week Jesse can complete 24 surveys if he only works on surveys and works efficiently. Jesse's professor also wants him to read research papers. In the time it takes Jesse to read 1 research paper he can complete 3 surveys. If Jesse works efficiently, which of the following combinations of surveys and papers can he complete in a typical work week? Read 4 papers and complete 12 surveys Read 72 papers and complete O surveys Read 3 papers and complete 18 surveys Read 12 papers and complete 4 surveys Question 5 Omar and Max are TAs for ECN 104, they have to grade assignments and write exam questions. In an hour, Omar can either grade 15 assignments or write 10 exam questions, Max can either grade 20 assignments or write 11 exam questions. Which of the following statements is TRUE? Max exchanging 10 assignments he has graded for 6 exam questions Omar has written is a mutually…