« previous next »

Author Question: Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco ... (Read 293 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco Bell food is likely
 
  A) inelastic.
  B) unitary elastic.
  C) perfectly inelastic.
  D) elastic.

Question 2

Rent seeking is one reason why countries choose to
 
  A) restrict trade.
  B) export and import the same goods.
  C) work for freer trade.
  D) follow the theory of comparative advantage.


itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

General differences in food webs and carbon flow among terrestrial and aquatic ecosystems (adapted f General differences in food webs and carbon flow among terrestrial and aquatic ecosystems (adapted f
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Sample Menu: Carb Choices Sample Menu: Carb Choices
Food webs show feeding relationships and energy flow Food webs show feeding relationships and energy flow
Food, friends, and football . . . a way of life Food, friends, and football . . . a way of life
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Video: Osmosis - water transport

For a complete list of videos, visit our video library