The graph above depicts Cecilia (PPFC) and Tania’s (PPFT) PPFs between bread and pasta. Tania’s opportunity cost of producing an additional unit of bread is ____.
Suppose that the government imposes a price ceiling at $3…
Suppose that the government imposes a price ceiling at $3.00 per arepa. As a result, there will be a ____ of arepas, and ____ arepas will be bought and sold.
Suppose that the government imposes a price floor at $400…
Suppose that the government imposes a price floor at $400 per palm tree. As a result, there will be a surplus of ____ palm trees, and ____ palm trees will be bought and sold.
The price of corn used to make tortillas falls. As a result,…
The price of corn used to make tortillas falls. As a result, the equilibrium price of a tortilla will _____, and the equilibrium quantity of tortillas will _____.
When moving from Point B to Point C, the opportunity cost…
When moving from Point B to Point C, the opportunity cost of an additional empanada is ____ pound(s) of chicken.
Consumers become more concerned about the pollution associat…
Consumers become more concerned about the pollution associated with driving. Simultaneously, an earthquake takes several refining sites offline and temporarily reduces the ability to produce gasoline. As a result, the equilibrium ____ MUST ____.
If the world price of peaches is above the domestic equilibr…
If the world price of peaches is above the domestic equilibrium price, the country will ____ peaches. Domestic consumer surplus will ____, and domestic producer surplus is will ____.
The graph above depicts Cecilia (PPFC) and Tania’s (PPFT)…
The graph above depicts Cecilia (PPFC) and Tania’s (PPFT) PPFs between bread and pasta. ____ has an absolute advantage in the production of pasta, and ____ has a comparative advantage in the production of pasta.
The Law of Supply states that, when other things remain the…
The Law of Supply states that, when other things remain the same, the ____ the price of a good is, the ____ will be.
Answer following questions about the code given below: 1. Id…
Answer following questions about the code given below: 1. Identify and fix an error in this code (1 pt). 2. Suggest an improvement for User class to enhance data hiding (1 pt).3. Function getName() is an example of which OOP concept? What is the benefit in context of this code (1 pt)?4. Assume student1 is an object of Student class. Write a statement that will assign it name “Elon Musk” (1 pt).5. If a class HonorStudent extends from Student which data members will be inherited. Justify your answer (1 pt). */