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Author Question: The price elasticity of demand for any good must be less than or equal to zero unless a. the good ... (Read 42 times)

JMatthes

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on: Jul 1, 2018
The price elasticity of demand for any good must be less than or equal to zero unless
 a. the good is a necessity.
  b. the good is a luxury.
  c. the good is a Giffen good.

Question 2

The various ways that vertical relationships can evade regulation include
 a. tying the sale of a regulated good to a customer's choice of an unregulated good
  b. unbundling regulated and unregulated goods
  c. excluding sellers of competing unregulated goods
  d. insuring tax rates are uniform across jurisdictions


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otokexnaru

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


JMatthes

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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