The figure above shows three supply curves for wheat. Which of the following would cause the supply of wheat to shift from S1 to S2?
A. a decrease in the price of wheat
B. a subsidy for wheat production
C. an increase in the price of wheat
D. a tax on wheat production
Answer:B. a subsidy for wheat production
Economics
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Refer to Table 20-2. Assume the market basket for the consumer price index has two products—bread and milk—with the following values in 2011 and 2016 for price and quantity: The Consumer Price Index for 2016 equals
A) 118. B) 116. C) 86. D) 85.
Economics
When your neighbor's dog barks all night long, this is an example of a negative externality
a. True b. False Indicate whether the statement is true or false
Economics