Microeconomics

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If the cross elasticity of demand between car insurance and new cars is -0.41, then car insurance ... Started by tsand2	3 Replies 53 Views	May 24, 2019 by T4T
If a lower price for good X increases the demand for good Y, the cross elasticity value for the two goods is Started by newyorker26	3 Replies 55 Views	May 24, 2019 by upturnedfurball
When two goods are related such that an increase in the price of one good decreases the quantity ... Started by EAugust	1 Replies 30 Views	May 24, 2019 by jrpg123456
If the cross elasticity of demand is negative, that means the goods Started by D2AR0N	3 Replies 32 Views	May 24, 2019 by bblaney
If the price of a one good increases and the quantity demanded of a different good decreases, then ... Started by mmm	1 Replies 74 Views	May 24, 2019 by olderstudent
The cross elasticity between computers and software is Started by brutforce	3 Replies 21 Views	May 24, 2019 by irishcancer18
Pete feeds his dog 100 percent more Pup-Peronis when Zuke's treats increase in price by 50 percent. ... Started by a0266361136	1 Replies 28 Views	May 24, 2019 by covalentbond
Tacos and pizza are substitutes. If a 2 percent change in the price of a taco leads to a 4 percent ... Started by james9437	3 Replies 58 Views	May 24, 2019 by rnehls
If Pepsi goes on sale and decreases its price by 10 percent, and as a result, the quantity demanded ... Started by Ebrown	1 Replies 49 Views	May 24, 2019 by kiamars2010
If the cross elasticity of demand between Coke and Pepsi is 2.02, then Coke and Pepsi are Started by Kthamas	3 Replies 52 Views	May 24, 2019 by makaylafy
If a lower price for a Pepsi decreases the demand for a Coke, the cross elasticity value for Pepsi and Coke is Started by melina_rosy	1 Replies 62 Views	May 24, 2019 by trampas
The cross elasticity of demand for strawberry jelly and grape jelly is likely to be Started by jho37	3 Replies 52 Views	May 24, 2019 by bigcheese9
Patrick lives near two gas stations, Exxon and Shell. If Exxon decreases the price of gas, we ... Started by melina_rosy	1 Replies 67 Views	May 24, 2019 by zacnyjessica
If the cross elasticity of demand between good A and good B is negative, then a decrease in the ... Started by a0266361136	3 Replies 48 Views	May 24, 2019 by Brenm
The cross elasticity of demand for butter and margarine is likely to be Started by jayhills49	1 Replies 15 Views	May 24, 2019 by quynhmickitran
If the price of a Brita water filtration system increases and the quantity demanded of bottled water ... Started by cookcarl	3 Replies 58 Views	May 24, 2019 by smrerig
Based on the data in the table above, ice cream and cake are ________ goods. Started by daltonest1984	1 Replies 11 Views	May 24, 2019 by randomguy133
Based on data in the table above, use the midpoint method to determine the cross elasticity of ... Started by charchew	3 Replies 33 Views	May 24, 2019 by emsimon14
If the price of a movie rises 3 percent and, as a result, the quantity demanded of video rentals ... Started by tth	1 Replies 161 Views	May 24, 2019 by jxjsniuniu
The income elasticity of demand for electricity is 1.90. Suppose the economy improves and incomes ... Started by ts19998	3 Replies 105 Views	May 24, 2019 by gstein359
The cross elasticity of demand for Good A and Good B is -0.7. This means that Started by EY67	1 Replies 22 Views	May 24, 2019 by Madisongo23
If Microsoft wanted to prove to the Justice Department that its Windows software has many ... Started by littleanan	1 Replies 23 Views	May 24, 2019 by ebenov
If we are trying to determine if two different products are substitutes, complements, or not related ... Started by jayhills49	3 Replies 75 Views	May 24, 2019 by allisonblackmore
The extent to which the demand for a good changes when the price of a substitute or complement ... Started by CQXA	1 Replies 13 Views	May 24, 2019 by k2629
The figure shows two different supply curves. At the point where they cross, ________ is more likely ... Started by Bob-Dole	3 Replies 22 Views	May 24, 2019 by fdliggud