Answer:
E) profit will fall by $4.00 if she harvests the 501" bushel.
Explanation:
Please see attachment
Answer:
At the markets eqilibirium , the quantity demand and the quantity supplied will be equal.If there is a shortage, the quantity demand will be larger than the quantity supplied. If there is a surplus , the quantity demand will be smaller than the quantity supplied.
Explanation:
Answer:
Positive externality
Explanation:
In economics, there are generally two different types of externality named as a positive and negative externality.
Positive externality: In economics, the term "positive externality" is described as a phenomenon that occurs when the production or consumption of a specific good leads to create a benefit to any third party.
Example: A particular beekeeper who tends to keep the bees as they produce honey.
In the question above, the given statement represents positive externality.
Answer:
Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.
Explanation:
