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Author Question: The price elasticity of demand for Stork ice cream is -4. Suppose you're told that following a price ... (Read 137 times)

kaid0807

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on: Jun 29, 2018
The price elasticity of demand for Stork ice cream is -4. Suppose you're told that following a price increase, quantity demanded fell by 10 percent. What was the percentage change in price that brought about this change in quantity demanded?
 
  A) 40 percent B) 25 percent C) 2.5 percent D) 0.4 percent

Question 2

How would an increase in the U.S. federal budget deficit affect the exchange rate in the market for dollars?
 
  A) The exchange rate will increase.
  B) The exchange rate will not be affected by a change in the federal budget deficit.
  C) The exchange rate will decrease.
  D) The impact of the increase in the federal budget deficit on the exchange rate cannot be predicted.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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jaygar71

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kaid0807

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kilada

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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