[Answered] Refer to Figure 5-13. The efficient equilibrium quantity of gasoline is _______

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Author Question: Refer to Figure 5-13. The efficient equilibrium quantity of gasoline is ________ million gallons per ... (Read 171 times)

armygirl

Hero Member
Posts: 556

on: Jun 29, 2018

Refer to Figure 5-13. The efficient equilibrium quantity of gasoline is ________ million gallons per month.

A) 20 B) 32 C) 48 D) 56

Question 2

If the cross-price elasticity of demand for computers and software is negative, this means the two goods are

A) normal. B) inferior. C) substitutes. D) complements.

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bitingbit

Sr. Member
Posts: 323

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

D

armygirl

Member
Posts: 556

Reply 2 on: Jun 29, 2018

Great answer, keep it coming

bulacsom

Member
Posts: 329

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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Author Question: Refer to Figure 5-13. The efficient equilibrium quantity of gasoline is ________ million gallons per ... (Read 171 times)

armygirl

Refer to Figure 5-13. The efficient equilibrium quantity of gasoline is ________ million gallons per ...

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bitingbit

Refer to Figure 5-13. The efficient equilibrium quantity of gasoline is ________ million gallons per ...

armygirl

bulacsom