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

Author Question: The price of a smartphone increased from 350 to 400 while the price of a smartphone app increased ... (Read 37 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
The price of a smartphone increased from 350 to 400 while the price of a smartphone app increased from 1 to 2. The relative price of smartphones in terms of smartphone apps
 
  A) increased from 200 to 350.
  B) decreased from 350 to 200.
  C) increased from 0.003 to 0.05.
  D) decreased from 0.35 to 0.2.

Question 2

One topic of study for a microeconomist would be the
 
  A) causes of inflation.
  B) causes of a nation's unemployment level.
  C) effects of a gasoline price increase on consumer behavior.
  D) effects of an increase in government spending on overall economic activity.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


maegan_martin

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Cyanide works by making the human body unable to use oxygen.

Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
A steady needle reading that drops 2 or 3 inches Hg when the engine speed is increased slightly ... A steady needle reading that drops 2 or 3 inches Hg when the engine speed is increased slightly ...
Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ... Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Miller's reaction chamber experiment Animation

For a complete list of videos, visit our video library