« previous next »

Author Question: If the Palace Cinema can sell 200 tickets at 4 and 300 tickets at 3, the demand for Palace Cinema ... (Read 63 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
If the Palace Cinema can sell 200 tickets at 4 and 300 tickets at 3, the demand for Palace Cinema tickets between the two prices is
 
  A) elastic.
  B) inelastic.
  C) marginal.
  D) unit elastic.

Question 2

We do not have reliable information on the time lags between expansionary fiscal and monetary policy actions and their effect on production and prices because
 
  A) Congress has reduced the funds available to the Bureau of Economic Analysis.
  B) economists believe any discretionary policy would only make matters worse.
  C) economists have only recently discovered the importance of this problem.
  D) the length of the lags will depend in large part on how long they are thought to be.


shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Joseph Paxton, Interior, Crystal Palace, Great Exhibition, London. Joseph Paxton, Interior, Crystal Palace, Great Exhibition, London.
Ashurnasirpal II Killing Lions, from the palace complex of Ashurnasirpal II, Kalhu (modern Nimrud, ... Ashurnasirpal II Killing Lions, from the palace complex of Ashurnasirpal II, Kalhu (modern Nimrud, ...
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library