« previous next »

Author Question: In the table above, which case has the lowest relative price for a hamburger? A) case A B) case ... (Read 123 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
In the table above, which case has the lowest relative price for a hamburger?
 
  A) case A
  B) case B
  C) case C
  D) All three cases have an equal relative price for a hamburger.

Question 2

If a tax is imposed in a market in which demand is perfectly inelastic
 
  A) the buyers pay the entire tax.
  B) the sellers pay the entire tax.
  C) the buyers and the sellers both pay a portion of the tax.
  D) neither the buyer nor the seller pays the tax.


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

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.

The principle of faunal succession uses animal fossils to tell relative time. The principle of faunal succession uses animal fossils to tell relative time.
Double-label fluorescence microscopy can visualize the relative distributions of Double-label fluorescence microscopy can visualize the relative distributions of
Newest Periodic Table Newest Periodic Table
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Relative Sizes of Dwarf Planets and Earth Relative Sizes of Dwarf Planets and Earth
Table salt (NaCl) molecules dissolving in water, resulting in Na+ and Cl– ions surrounded by ... Table salt (NaCl) molecules dissolving in water, resulting in Na+ and Cl– ions surrounded by ...
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library