Refer to the information provided in Table 3.2 below to answer the question(s) that follow.Table 3.2Price per CheeseburgerQuantity Demanded (Cheeseburgers per Month)Quantity Supplied (Cheeseburgers per Month)$51,500  500  61,200  700  7   900  900  8  6001,100  9  3001,300Refer to Table 3.2. This market will be in equilibrium if the quantity of cheeseburgers demanded is

A. 300.
B. 600.
C. 900.
D. 1,200.

Answer: C

Economics

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Refer to Table 4-2. The table above lists the highest prices five consumers are willing to pay for a concert ticket. If the price of one ticket is $50

A) no one will buy a ticket. B) Violet's consumer surplus is $2. C) consumer surplus will be maximized. D) everyone will buy a ticket.

Economics

Leontief's results can be interpreted as

A) evidence against the classical model. B) evidence against the Heckscher-Ohlin model. C) support for the classical model. D) support for the Heckscher-Ohlin model.

Economics