« previous next »

Author Question: Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve. a. ... (Read 87 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not an explicit cost for the owner of a local pizza parlor?
 a. flour
 b. cleaning products
 c. other uses for the land that the parlor sits on
  d. pizza ovens


samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
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?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

A Double-Line Spectroscopic Binary A Double-Line Spectroscopic Binary
Recommended Portion Sizes per Serving Recommended Portion Sizes per Serving
Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ... Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ...
Leg pull. Grasp both feet behind the heels, and gently pull legs straight toward you several inches ... Leg pull. Grasp both feet behind the heels, and gently pull legs straight toward you several inches ...
What is the minimum number of straight, continuous lines that are necessary to c What is the minimum number of straight, continuous lines that are necessary to c
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library