« previous next »

Author Question: Lipitor, a heart medication with few substitutes, should have an own-price elasticity of demand that ... (Read 41 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: Jul 1, 2018
Lipitor, a heart medication with few substitutes, should have an own-price elasticity of demand that is:
 a. Relative elastic
 b. Relatively inelastic
  c. Perfectly inelastic
 d. Perfectly elastic

Question 2

Bid-rigging is less likely in
 a. oral auctions
 b. English auctions
 c. first-price sealed-bid auctions
  d. all are equally likely


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

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?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

SHEEP HEART SHEEP HEART
Examples of heart rhythms: ventricular tachycardia. Examples of heart rhythms: ventricular tachycardia.
NCC MERP Index for categorizing medication errors. NCC MERP Index for categorizing medication errors.
Positions for auscultation of the heart: Lateral Positions for auscultation of the heart: Lateral
Location of the Heart Location of the Heart
In amphibians, lizards, snakes, and turtles, the heart has three chambers: two atria and one ventric In amphibians, lizards, snakes, and turtles, the heart has three chambers: two atria and one ventric
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library