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

Author Question: The demand for flounder (a specific type of fish) is a. more elastic than the demand for fish ... (Read 73 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
The demand for flounder (a specific type of fish) is
 a. more elastic than the demand for fish because there are more substitutes for flounder than for fish in general
  b. less elastic than the demand for fish because there are more substitutes for flounder than for fish in general
  c. more elastic than the demand for fish because there are more substitutes for fish in general than for flounder
  d. less elastic than the demand for fish because there are more substitutes for fish in general than for flounder
  e. more elastic than the demand for fish because flounder is one of the less expensive kinds of fish

Question 2

Given the availability of California oranges, demand for Florida oranges will
 a. be less elastic than if there were no California oranges
  b. be more elastic than if there were no California oranges
  c. have the same elasticity as it would if there were no California oranges
  d. be perfectly elastic
  e. be perfectly inelastic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


RRMR

  • Member
  • Posts: 557
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Lamprey versus Fish Lamprey versus Fish
Generalized body plan of a bony fish Generalized body plan of a bony fish
Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells
Fish Fish
Comparison of A-type Climates Comparison of A-type Climates
What type of online info about a job candidate should employment mgmt consider when screening What type of online info about a job candidate should employment mgmt consider when screening
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library