The figure above shows the demand for fruit snacks. Which movement reflects a decrease in population?
A) from point a to point e
B) from point a to point b
C) from point a to point c
D) from point a to point d
C
You might also like to view...
Refer to Figure 2-2. What is the opportunity cost of one dozen orchids?
A) 0.4 dozen roses B) 2.5 dozen roses C) 7.25 dozen roses D) 16 dozen roses
If Irene can make either four chairs or one table in an hour and Greg can make either three chairs or two tables in an hour, then
A) Irene has the absolute advantage in the production of tables. B) Greg has the absolute advantage in the production of chairs. C) Irene has the comparative advantage in the production of chairs. D) Greg has the comparative advantage in the production of chairs.
Systemic risks would be most prevalent at larger banks like Bank of America and Citibank.
Answer the following statement true (T) or false (F)
The short run is
A. the period of time in which the firm can vary its rate of output. B. up to three years. C. the period of time in which the firm cannot change its use of at least one input. D. a year or less.