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

Author Question: A waitress brings a free glass of wine when you sit down in a restaurant. This glass of wine is ... (Read 157 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
A waitress brings a free glass of wine when you sit down in a restaurant. This glass of wine is
 
  A) a service because the waitress carried it instead of making it.
  B) a good, but not an economic good because there is no price charged for the wine.
  C) a nongood because there is no price charged for the wine.
  D) an economic good because wine is produced with scarce resources, even if it is free to you.

Question 2

Which of the following illustrates the law of demand?
 
  A) More people watch college basketball in March than in November.
  B) The number of long distance calls in the United States is greater on Christmas than on Valentine's Day.
  C) College enrollment increases when federal tuition grants are readily available to students.
  D) The prevailing wage rate in an industry determines how many people choose to work in the industry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Wow, this really help

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Glass pedestrian bridge in Zhangjiajie’s Grand Canyon, China Glass pedestrian bridge in Zhangjiajie’s Grand Canyon, China
Free Blacks in 1850 Free Blacks in 1850
Louis Comfort Tiffany, Tiffany Glass & Decorating Co. (1893–1902), Corona, New York, Peacock ... Louis Comfort Tiffany, Tiffany Glass & Decorating Co. (1893–1902), Corona, New York, Peacock ...
Great Britain Production of Glass 1800s Great Britain Production of Glass 1800s
Growing Interest in Sugar-Free Foods and Beverages Growing Interest in Sugar-Free Foods and Beverages
First-order sensory neuron with free nerve endings First-order sensory neuron with free nerve endings
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library