Which of the following will shift the supply curve for apples to the right?

In the country Beta it takes two hours of labor to produce a unit of tea and four hours of labor to produce a unit of bread. In the country Zeta it takes three hours of labor to produce a unit of tea and nine hours of labor to produce a unit of bread. Which of the following is true?

An increase in the supply of good X resulted in an increase in the price and quantity of good Y. It can be concluded that good Y is

What will happen to the price and quantity of footballs as a result of an increase in the price of leather used to make footballs?

For a rational consumer with diminishing marginal utility, the consumption of an additional unit of a good will result in which of the following?

Assume that people like onions on their hamburgers. If the supply of hamburgers decreases, the demand for onions will most likely

Table: Labor required to produce corn & shoes in Brazil and Spain Brazil Spain Corn 2 hours of labor 4 hours of labor Shoes 8 hours of labor 12 hours of labor The table above shows the amount of labor required to produce a unit of corn and a unit of shoes in Brazil and Spain. If both countries have equal numbers of workers, what pattern of international trade between Brazil and Spain is most likely to emerge?

Suppose that a consumer purchases two goods X and Y and that the marginal utility of X is MUx, the total utility of X is TUx, the marginal utility of Y is MUy, and the total utility of Y is TU. If the prices of X and Y are Px and Py, respectively, which of the following expressions defines consumer equilibrium?

Table: Marginal utility of apples and bananas and the price per unit Apples Bananas Marginal utility of last unit 15 12 Price per unit $5 $3 The table provided shows Ricardo’s marginal utility of the last unit consumed of apples and bananas and the price of each good. Ricardo has $125 to spend on apples and bananas. He currently buys 10 apples and 25 bananas. Assuming that he remains within his budget constraint, Ricardo should do which of the following to increase his utility?

Assume that good X is a normal good. If the price of good X increases, what will happen?