« previous next »

Author Question: It is often found that there is a sufficient mobility within the income distribution such that a ... (Read 61 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
on: Jun 30, 2018
It is often found that there is a sufficient mobility within the income distribution such that a person in the lowest quintile of income can move to the higher ones and vice versa.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which among the following does not determine the shape of the demand curve for a good under different market structures?
 a. Number of substitutes in the market
  b. Importance of the good in a consumer's budget
  c. Cost structure of the firm
  d. Price-elasticity of demand
  e. The length of time being considered


bimper21

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Major types of microbial cell aggregations found in phylum Cyanobacteria. Major types of microbial cell aggregations found in phylum Cyanobacteria.
Sivapithecus is a Miocene ape (middle) with anatomical similarities to orangutans (left) rather than Sivapithecus is a Miocene ape (middle) with anatomical similarities to orangutans (left) rather than
Structural Mobility Structural Mobility
Population distribution (dispersion) Population distribution (dispersion)
The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2 The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2
Population distribution patterns Population distribution patterns
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library