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

Author Question: Tris owns the only auto repair shop on Lonely Island. Tris is a single-price monopoly, so Tris ... (Read 192 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jun 29, 2018
Tris owns the only auto repair shop on Lonely Island. Tris is a single-price monopoly, so Tris operates on the ________ part of the ________ curve.
 
  A) elastic; supply
  B) inelastic; supply
  C) inelastic; demand
  D) elastic; demand

Question 2

The above figure gives your budget line between CDs and magazines. If the price of a magazine increased, then the budget line
 
  A) shifts outward and the slope does not change.
  B) rotates inward with no change in the horizontal intercept.
  C) rotates inward with no change in the vertical intercept.
  D) rotates outward with no change in the vertical axis.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
:D TYSM

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Bacterial colonies, each derived from a single cell Bacterial colonies, each derived from a single c Bacterial colonies, each derived from a single cell Bacterial colonies, each derived from a single c
Island of Galesnjak Island of Galesnjak
Traits With Single-Gene Dominant–Recessive Inheritance Traits With Single-Gene Dominant–Recessive Inheritance
Jacob Lawrence, Barber Shop. Jacob Lawrence, Barber Shop.
A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ... A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ...
The RecA strand exchange reaction as shown from single-molecule studies The RecA strand exchange reaction as shown from single-molecule studies
Video: Sigmoidoscopy

For a complete list of videos, visit our video library