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

Author Question: The price of a commodity in terms of another commodity is A) the law of demand. B) a substitute. ... (Read 338 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jun 29, 2018
The price of a commodity in terms of another commodity is
 
  A) the law of demand.
  B) a substitute.
  C) the money price.
  D) the relative price.

Question 2

The most basic concept of economics is
 
  A) self-interest.
  B) scarcity.
  C) demand.
  D) rationality.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


xclash

  • Member
  • Posts: 681
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
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.

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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Medical Terms and Corresponding Synonyms Medical Terms and Corresponding Synonyms
How to solve a linear system when the terms are fractions How to solve a linear system when the terms are fractions
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library