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

Author Question: The elasticity of the momentary supply curve for any good always equals A) zero. B) one. C) ... (Read 91 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
The elasticity of the momentary supply curve for any good always equals
 
  A) zero.
  B) one.
  C) positive infinity.
  D) None of the above answers is correct.

Question 2

The table above gives the cost of producing T-shirts. The total fixed cost is ________ and the marginal cost of increasing production from 5 to 6 T shirts is ________.
 
  A) 20; 6
  B) 20; 10
  C) 10.40; 8
  D) unable to be determined; 8



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

B




bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

 

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?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

For a complete list of videos, visit our video library