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

Author Question: Hicks' Third Law of Demand states that most goods must be: a. gross substitutes. b. gross ... (Read 33 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
on: Jul 1, 2018
Hicks' Third Law of Demand states that most goods must be:
 a. gross substitutes.
  b. gross complements.
  c. net substitutes.
  d. net complements.

Question 2

Exceptions to the prohibition against cartels exist for which of the following?
 a. ocean shipping rates
  b. various agricultural products such as milk and oranges
  c. transoceanic airline routes
  d. cardboard box manufacturers
  e. a through c
  f. a through d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

e


xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jul 1, 2018
Wow, this really help

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

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?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Percent of Selected Foods and Beverages Consumed in the United States Percent of Selected Foods and Beverages Consumed in the United States
Ideological Beliefs in the United States Ideological Beliefs in the United States
Kudzu native to Asia is overgrowing trees across the southeastern United States. Kudzu native to Asia is overgrowing trees across the southeastern United States.
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library