Top of Form 1 . Revenue increases when A. producer surplus increases B. producer surplus decreases C. consumer surplus increases D. consumer surplus decreases Bottom of Form Correct : Producer surplus is the difference between the minimum price the producer is willing to receive and what they actually receive. The surplus is their profit‚ and the larger the surplus‚ the greater their profit on the good. When it decreases‚ the producer receives a price closer to the minimum acceptable. The
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Lesson 1 (5.0 points) 1. What is scarcity? (1.0 points) Scarcity is the condition of people having unlimited wants but living in a world with limited resources. 2. What is an economy? (1.0 points) An economy is a system of trade. Trade is the exchange of things of value. 3. What is a commodity? (1.0 points) A commodity is something of value that can be bought‚ sold‚ or traded‚ such as a book‚ a car‚ or tutoring lessons. 4. What is a producer? (0.5 points) A producer is
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1. Give two(2) definitions of Health and critique them. (10 mark) 1)Health is a broad concept which can embody a huge range of meanings. The word “health” is derived from the old English word for heal (hael) which means “whole” showing that health concerns the whole person and his or her integrity‚ soundness. Health is holistic and include different dimensions‚ holistic health means taking account of the separate influences and interaction of these dimensions. THe different dimensions physical
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GENERAL KNOWLEDGE - QUIZ 1. How many rings are there on the Olympic flag? Five 2. What colour is vermilion a shade of? Red 3. Where can you find London bridge today? USA ( Arizona ) 4. Who was the first man in space? Yuri Gagarin 5. What would you do with a Yashmak? Wear it - it’s an Arab veil 6. Who betrayed Jesus to the Romans? Judas Escariot 7. What was given on the fourth day of Christmas? Calling birds 8. Who invented the television? John Logie Baird 9. Which company is owned by
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1. In what ways is setting reflective in Roman Fever. 0 2. Why are there so many references to scavengers and decay in The Snow of Kilimanjaro 0 3. What is the significance of the foot-washing scene in Flowering Judas? 0 The title of the story suggests its religious symbolism. Judas‚ the betrayer‚ supposedly hanged himself from a redbud tree. In Laura’s dream‚ Eugenio offers the flowers of the Judas tree‚ which she readily devours. The dream indicates the guilt she feels as a result of her amoral
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1.) Significance of a lower-than-normal hematocrit? -means your body is not fighting off something‚ but puts you at risk for problems with bone marrow or puts you at risk for a bacterial infection. anemia What is the effect of a bacterial infection on the hematocrit? -raises them 2). Development of lymphocytes with the development of the other formed elements -B lymphocytes develop in red bone marrow‚ T lymphocytes develop in red bone marrow and mature in the thymus; the
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Vanessa Flores Nutrition 101 Professor Meltz December 5‚ 2014 Project 2. RDA/AI comparison (Nutrient Report) a) Which subgroup (age/gender/life stage) of the RDA’s best describes you? I am 21 years old / female and my life stage is that I am very activate I play sports such as volleyball and I also go to the gym to work out. My workout routine mostly consists in weight lifting and 15-30 min cardio. b) List the nutrient recommendations that you met (OK) (UNDER) (ABOVE) On October 26‚2014 the
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Simple Diffusion Activity 1: Simulating Simple diffusion 1.What is the molecular weight of Na+? 22.9 2. What is the molecular weight of Cl-? 35.45 3. Which MWCO dialysis membranes allowed both of these ions through? 50‚ 100‚ and 200 4. Which materials diffused from the left beaker to the right beaker? Urea‚ NaCl and glucose diffused 5. Which did not? Why? Albumin‚ because the molecular weight exceeded the highest MWCO membrane‚ thus being to large to pass through
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Name: Pratik Patel R.A. 3: The Electoral College 1. What is the minimum number of states that a candidate needs to win in order to win the election? What are those states? 11 states are sufficient to win the Electoral College which requires a simple majority of 270 votes. The states you need are: States # Electoral College California 55 Texas 38 New York 29 Florida 29 Illinois 20 Pennsylvania 20 Ohio 18 Michigan 16 Georgia 16 New Jersey
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1. What is external validity? a. External validity is the extent to which findings may be generalized. (Page 292) 2. Why should a researcher be concerned about generalizing to other populations? a. Researchers should be concerned about generalizing to other populations‚ because if their research is not generalizable then their findings will be limited to only one population and will not have a far-reaching effect. (Page 292) 3. How can the fact that most studies are conducted with college students
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