If corn products are found to cause cancer, then the most immediate effect will be that the
A. Supply curve for corn will shift left.
B. Supply curve for corn will shift right.
C. Demand curve for corn will shift left.
D. None of the choices are correct.
Answer: C
You might also like to view...
Use the following table to answer the question below. Dave's Production Possibilities ScheduleSimon's Production Possibilities SchedulePounds of Green BeansPounds of CornPounds of Green BeansPounds of Corn0160080201204060408080406040120208001600The terms of trade for 1 pound of corn must lie between ________ and ________ pounds of green beans.
A. 1, 4 B. 1, 2 C. 1/2, 2 D. 1/2, 4
For which of the following would purchasing power parity have the least relevance?
a. Pens b. Toothpicks c. Paper clips d. Pencils e. Shoe shines
Refer to Figure 6.6, which shows a market for taxi medallions. If the number of taxi licenses is reduced from Q2 to Q1, the decrease in total surplus of the market is represented by:
A. area FGI. B. area GHI. C. area FHI. D. area BDFH - area FHI.
Describe the principal costs of unemployment. Are there any benefits to unemployment?
What will be an ideal response?