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 176 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
Gracias!

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

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?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Establishing a caring and trusting relationship helps the client come to terms with a terminal illne Establishing a caring and trusting relationship helps the client come to terms with a terminal illne
Alan Price - Poor People Alan Price - Poor People
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library