This topic contains a solution. Click here to go to the answer

Author Question: Tennis balls cost a set and tennis rackets cost Which of the following is TRUE? (Read 109 times)

bb

  • Hero Member
  • *****
  • Posts: 544

Question 1

Assume you earn a year and your favourite sports magazine costs you a year. Your demand for the sports magazine is likely to be
◦ perfectly inelastic.
◦ inelastic.
◦ perfectly elastic.
◦ elastic.

Question 2

Tennis balls cost a set and tennis rackets cost Which of the following is TRUE?
◦ The demand for tennis balls is perfectly inelastic since they can be used only if you own a tennis racket.
◦ The price elasticity of demand must be the same for both tennis balls and tennis rackets since they are complements.
◦ The demand for tennis balls is likely to be less elastic than the demand for tennis rackets.
◦ The demand for tennis balls is likely to be more elastic than the demand for tennis rackets.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bb on May 25, 2020

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




bb

  • Member
  • Posts: 544
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library