This topic contains a solution. Click here to go to the answer

Author Question: For each pair of items below determine which product would have the higher price elasticity of ... (Read 54 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
For each pair of items below determine which product would have the higher price elasticity of demand (in absolute value).
 
  a. Insulin for a diabetic or aspirin for someone suffering a headache.
  b. A new Whirlpool 27 cu.ft. side-by-side refrigerator or electricity to power your all-electric home.
  c. A can of Red Bull or soft drinks in general.

Question 2

Stafford loans are student loans that the federal government provides to graduate and undergraduate students to fund their education. Stafford loans can be extended up to 30 years.
 
  The Congressional Budget Office (CBO) calculates the cost of these loans by discounting the future cash flows from the loan using the interest rate on the 30-year Treasury bond. The risk of default on the 30-year Treasury bond is extremely low. In contrast, over the life of a Stafford loan, on average about 20 of the amount due is never repaid. What do you think are the implications of using the yield on the 30-year bond to calculate the cost of student loans?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




dejastew

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
:D TYSM


carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library