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

Author Question: A supply curve that is horizontal reflects a supply that A) is elastic. B) is inelastic. C) is ... (Read 35 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
A supply curve that is horizontal reflects a supply that
 
  A) is elastic.
  B) is inelastic.
  C) is unit elastic.
  D) has a zero elasticity.

Question 2

Two candidates are running for election as mayors of New York City that was recently impacted by Superstorm Sandy. In their election platforms, both candidates supported spending very similar amounts on hurricane protection.
 
  This similarity is most likely the result of A) both candidates necessarily having the same preferences towards risk and protection.
  B) the Principle of Minimum Differentiation.
  C) both the candidates realize that hurricane protection is a public good.
  D) politicians only take efficiency into account and hence all candidates will suggest the efficient outcome.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Wow, this really help

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Blood supply to the pituitary gland Blood supply to the pituitary gland
Oxygen dissociation curve Oxygen dissociation curve
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Titration curve for aspartic acid Titration curve for aspartic acid
Bacteria growth curve Bacteria growth curve
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Video: Introduction to Cystic Fibrosis

For a complete list of videos, visit our video library