« 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 106 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?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

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

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Changes in bronchioles during an asthma attack: (a) normal bronchiole, (b) inflammation obstructing ... Changes in bronchioles during an asthma attack: (a) normal bronchiole, (b) inflammation obstructing ...
Normal oxygen sensor frequency is from about one to five times per second. Normal oxygen sensor frequency is from about one to five times per second.
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Determination of Income Inequality Determination of Income Inequality
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Video: Fractures Animation

For a complete list of videos, visit our video library