In the table above, if there are 80 umbrellas produced, the deadweight loss from the 80th umbrella is
A) $10.
B) $20.
C) $30.
D) $40.
B
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Suppose China Airlines wants to purchase a French Airbus. The price of the Airbus is 95 million Euro. If the exchange rate is 1 euro per 9 yuan, the price of this airplane to China Airlines is
A) 855 million yuan. B) 85.5 million yuan. C) 11.11 million yuan. D) 10.6 million yuan.
Which of the following is an example of a monopolistically competitive firm?
A. Farmer Smith's corn farm B. Tino's Italian eatery, a local restaurant C. TCI Cablevision, a supplier of cable television services D. Northwest Electricity, a supplier of electricity in the Northwest U.S.
The net-export effect of expansionary monetary policy is a(n)
A) depreciation of the value of the dollar and the decrease of U.S. net exports. B) appreciation of the value of the dollar and the increase of U.S. net exports. C) appreciation of the value of the dollar and the decrease of U.S. net exports. D) depreciation of the value of the dollar and the increase of U.S. net exports.
The consumer's income is $800.According to the above figure, why doesn't the consumer choose the combination of 30X and 56Y at point A?
A. MRS is greater than PX / PY . B. MUX / PX is less than MUY / PY . C. MUX is greater than MUY . D. MRS is less than PX / PX .