In the figure above, U.S. consumers buy ________ airplanes per year at ________ million per airplane

A) 200; $150
B) 400; $100
C) 700; $150
D) 400; $150
E) 200; $100


A

Economics

You might also like to view...

What are the major factors that a TNC should weigh in deciding to invest in a developing country?

What will be an ideal response?

Economics

In the kinked demand curve model, if one firm reduces its price

A) other firms will also reduce their price. B) other firms will compete on a non-price basis. C) other firms will raise their price. D) Both A and B are correct. E) Both B and C are correct.

Economics

Under imperfect multicollinearity

A) the OLS estimator cannot be computed. B) two or more of the regressors are highly correlated. C) the OLS estimator is biased even in samples of n > 100. D) the error terms are highly, but not perfectly, correlated.

Economics

Suppose a tax is imposed on producers of aluminum as a means of internalizing the externality associated with aluminum production. If the tax accurately reflects the external costs of pollutants released into the atmosphere, then the new supply curve for aluminum coincides with which other curve?

Economics