This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a good is produced using inputs for which there are no substitutes, the good's A) elasticity ... (Read 46 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
If a good is produced using inputs for which there are no substitutes, the good's
 
  A) elasticity of supply is likely to be small.
  B) elasticity of supply is likely to be large.
  C) elasticity of demand will be small.
  D) elasticity of demand will be large.

Question 2

The table above shows sales of the firms in the chocolate industry. The Herfindahl-Hirschman Index in the industry is
 
  A) 1346.
  B) 896.
  C) 1160.
  D) 2588.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


clmills979

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Wow, this really help

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Inputs and Outputs of the Cerebellum Inputs and Outputs of the Cerebellum
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Laboratory-Produced Protocells Laboratory-Produced Protocells
Video: Integumentary Anatomy

For a complete list of videos, visit our video library