Case of fuel efficient machinery in market adjustment

If the soybean market begins in equilibrium on S₀D₀, and in that case farm machinery becomes more fuel efficient, the market changes to: (1) S0D₁. (2) S₁D₂. (3) S₁D₀. (4) S₂D₁. (5) S₀D₂.

637_soybean market in equilibrium.png

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Public Economics

Q : Better off and worse off condition in

When an economic change makes ten percent of the population better off and has no consequence on the economic welfare of the other ninety percent, in that case: (w) the community is better off. (x) the community is worse off. (y) community economic welfare does not ch

Q : Limitations of economic resources Hey

Hey friends please give your opinion for the problem of economic resources that is given below: Resources (factors of production) do NOT comprise: (i) entrepreneurship. (ii) competition. (iii) land. (iv) capital. (

Q : Requirements of Economic Efficiency

Economic efficiency needs: (w) distributive, productive and allocative efficiency. (x) engineering and dynamic efficiency. (y) historical and sociological efficiency. (z) chemical and physical efficiency. How can I

Q : Allocative mechanisms of Economic

Economic systems (example: capitalism versus socialism) are mainly distinguished by their relative reliance on alternative allocative mechanisms, and particularly by: (1) Who builds major economic decisions and who owns non-human resources. (ii) The level of inequalit

Q : Closest to being a free good in

The closest to being a free good of the one given would be: (i) a scholarship for a brilliant but impoverished student. (ii) Free “meals on wheels” programs for the aged and infirm, (iii) a winning lottery ticket you determined on the side

Q : Illustration regarding to market

When the soybean market begins within equilibrium upon S0D0 and in that case a highly publicized study demonstrates yoghurt to be much more nutritious than the tofu made by soybeans, the market changes to: (w) S0D2. (x) S

Q : Effect of current investment Can

Can someone help me in determining the right answer from the given options. Expanding the current investment associative to current consumption most directly raises an economy’s rate of: (1) Stagnation. (2) Capital absorption. (3) Economic growt

Q : Society based on pure capitalism Can

Can someone help me in finding out the right answer from the given options. In a society, based on pure capitalism, the government: (i) Is completely needless, as anarchy is ideal. (ii) Specifies the production and distribution plans in detail. (iii) Enforces the prop

Q : Assignments I want it tomorrow night or

I want it tomorrow night or before, please.

Q : Determine the opportunity cost while

While people buy something, then its opportunity cost is the: (w) monetary price they paid. (x) enjoyment they get by their purchase. (y) satisfaction they lost by not buying something else. (z) time they should work to pay their bills.

Discover Q & A

Leading Solution Library

Avail More Than 1461173 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1941907
Asked

3,689

Active Tutors

1461173

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment