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 48 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
Wow, this really help


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Excellent

 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library