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3 years ago

HELP PLSSSSSS ECONMICS qjhewdkvdfjndbc vjdsncxkjd

Business

1 answer:

larisa86 [58]3 years ago

8 0

Answer:

C. Country A would focus on growing carrots to trade with country country B.

Explanation:

Country A can produce twice as many carrots as country B. this indicates that country A seems to have a comparative advantage over Country B in carrot production. Both countries have equal capacity in the production of apples.

Country A should focus on producing carrots for sales to country B. It can produce double what country B can, meaning its production costs are lower. Country A can sell carrots to country B at a lower price than it would cost country B to produce its carrots. Therefore, country A would be prudent to focus on producing carrots and trade them to country B.

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Supply curves are created when the data from a

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Supply curves are created when the data from a supply schedule is graphed. The correct answer is C.

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Under the assumptions of the Fisher effect and monetary neutrality, if the money supply growth rate rises, then a. neither the n

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a. neither the nominal nor the real interest rate rise.

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3 years ago

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Suppose the government decides to impose a binding price ceiling on the market. 1. Please place the Price Ceiling line segment t

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Answer: After price ceiling is implemented a shortage supply exists if the price ceiling is below the market price

Explanation:

price ceiling is wen the government imposes the maximum price that should be charged for a good or service. The effects of price ceiling depends on whether government sets the maximum price that should be charged for a good or service below or above the market price,

if the government sets the price above the market price, price ceiling will not affect the market, however if the the government sets the price below the market price price ceiling will cause changes in the quantity demanded and quantity supplied.

Please refer to the attachment, in the attachment we see a market that is in Equilibrium and operating efficiently at price P' and Quantity demanded and supply is Q'. when government sets price ceiling below the market price (below P') the quantity demanded will increase to Qdem while quantity supplied decreases to Qsup. This will cause a shortage in the market because quantity demanded is higher than quantity supplied thus creating a Dead weight loss labelled by " DWL "

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