Right Panel: The market: a shift of short-run supply in response to an increase in demand.
-Refer to the diagrams above.If the market demand for wheat and the market supply of wheat are represented by D' and SRS,respectively,the firm is making a profit of
A) $0.20.
B) $0.80.
C) $240.
D) $960.
E) $1,000.

Question

Right Panel: The market: a shift of short-run supply in response to an increase in demand. 
-Refer to the diagrams above.If the market demand for wheat and the market supply of wheat are represented by D' and SRS,respectively,the firm is making a profit of
A) $0.20. 
B) $0.80. 
C) $240. 
D) $960. 
E) $1,000.

Quizplus · Accepted Answer

The Answer of Right Panel: The market: a shift of short-run supply in response to an increase in demand. 
-Refer to the diagrams above.If the market demand for wheat and the market supply of wheat are represented by D' and SRS,respectively,the firm is making a profit of
A) $0.20. 
B) $0.80. 
C) $240. 
D) $960. 
E) $1,000.

Right Panel: the Market: a Shift of Short-Run Supply in Response