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

Author Question: A supply curve that is horizontal reflects a supply that A) is elastic. B) is inelastic. C) is ... (Read 77 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
A supply curve that is horizontal reflects a supply that
 
  A) is elastic.
  B) is inelastic.
  C) is unit elastic.
  D) has a zero elasticity.

Question 2

Two candidates are running for election as mayors of New York City that was recently impacted by Superstorm Sandy. In their election platforms, both candidates supported spending very similar amounts on hurricane protection.
 
  This similarity is most likely the result of A) both candidates necessarily having the same preferences towards risk and protection.
  B) the Principle of Minimum Differentiation.
  C) both the candidates realize that hurricane protection is a public good.
  D) politicians only take efficiency into account and hence all candidates will suggest the efficient outcome.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve. The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
Vertical and Horizontal Changes in Pressure Vertical and Horizontal Changes in Pressure
Effect of Winds on Horizontal Transport Effect of Winds on Horizontal Transport
Classic Supply - Demand Curve Classic Supply - Demand Curve
A bulldozer attempts to drag a log weighing 500 N along the rough horizontal ground. The cable ... A bulldozer attempts to drag a log weighing 500 N along the rough horizontal ground. The cable ...
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library