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Author Question: The demand for _____ is most severely affected by a recession. a. medicines b. automobiles c. ... (Read 53 times)

renzo156

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on: Jun 30, 2018
The demand for _____ is most severely affected by a recession.
 a. medicines
 b. automobiles
 c. breakfast cereals
  d. haircuts
 e. gasoline

Question 2

As a result of a kinked demand curve, the price:
 a. fluctuates.
  b. falls below the kink.
  c. settles at the kink.
  d. rises above the kink.


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dudman123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


renzo156

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bigcheese9

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Reply 3 on: Yesterday
Gracias!

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