« previous next »

Author Question: If something is addictive, then A) price and demand are inversely related. B) price elasticity of ... (Read 64 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 30, 2018
If something is addictive, then
 A) price and demand are inversely related.
  B) price elasticity of demand is equal to one.
  C) demand is perfectly inelastic.
  D) demand is perfectly elastic.

Question 2

Which welfare program allows the working poor to receive income refunds that can be greater than the taxes they paid during the last year?
 a. SSI
 b. TANF
 c. EITC
 d. Medicaid


cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
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
The original Supply and Demand graph The original Supply and Demand graph
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Similar, But Not Related Similar, But Not Related
Concepts related to alterations of genetics Concepts related to alterations of genetics
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library