This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A perfectly elastic supply curve a. has no relevance, since real-world supply curves are never ... (Read 114 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
A perfectly elastic supply curve
 a. has no relevance, since real-world supply curves are never perfectly elastic
  b. is a horizontal straight line
  c. is a vertical straight line
  d. is an upward-sloping straight line
  e. is not a straight line

Question 2

Today's supply curve of dorm rooms on campus is likely to be
 a. downward sloping
  b. relatively flat
  c. vertical
  d. horizontal
  e. price elastic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


ghost!

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

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

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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Smallest Cat in the world Smallest Cat in the world
Underwater World Underwater World
Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
A bell-shaped, or “normal,” curve shows the distribution of phenotypes for traits controlled by ... A bell-shaped, or “normal,” curve shows the distribution of phenotypes for traits controlled by ...
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library