« previous next »

Author Question: The cross-price elasticity between movie tickets and video rentals is positive. a. True b. False ... (Read 177 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
The cross-price elasticity between movie tickets and video rentals is positive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An economic profit of zero implies:
 a. normal profit.
 b. the firm is covering both explicit and implicit costs.
 c. the firm's revenues are sufficient to compensate the money and time that the owners put into the business.
  d. all of the above


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

dollx

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Jun 30, 2018
Thank you :)


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Cross Section of a Synapse Cross Section of a Synapse
Example of Index entry for an anatomic site with a cross-reference. Example of Index entry for an anatomic site with a cross-reference.
Gram positive S. pyogenes bacteria in chains. Gram positive S. pyogenes bacteria in chains.
Book Rentals Book Rentals
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
A Punnett square generating the F2 ratio of the F1 x F1 cross A Punnett square generating the F2 ratio of the F1 x F1 cross
Video: Reflex arc construction

For a complete list of videos, visit our video library