« previous next »

Author Question: If the income elasticity of demand is 0.5, the good is a. a luxury. b. a normal good (but not a ... (Read 69 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: Jul 1, 2018
If the income elasticity of demand is 0.5, the good is
 a. a luxury.
  b. a normal good (but not a luxury).
  c. an inferior good.
  d. a Giffen good.

Question 2

Ways to game the budgeting process include
 a. delaying sales if just short of a target
  b. accelerating expenses if just short of a target
  c. accelerating sales once a target is met
  d. accelerating expenses costs once a target is met


moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Yolanda

  • Hero Member
  • *****
  • Posts: 757
Reply #2 on: Jul 1, 2018
Correct answers!


moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

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?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

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

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Normal portal circulation. Normal portal circulation.
Appendicitis. (a) A normal appendix. (b) An inflamed appendix in appendicitis. Appendicitis. (a) A normal appendix. (b) An inflamed appendix in appendicitis.
Normal female karyotype Normal female karyotype
Normal right tympanic membrane Normal right tympanic membrane
Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
Action of FMRP protein in normal and fragile-X cells Action of FMRP protein in normal and fragile-X cells
Video: Structures that affect circulation - heart and MABP

For a complete list of videos, visit our video library