« previous next »

Author Question: If the elasticity of supply of a good is zero, then its A) supply curve is vertical. B) supply ... (Read 203 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
If the elasticity of supply of a good is zero, then its
 
  A) supply curve is vertical.
  B) supply curve is horizontal.
  C) demand curve must be vertical.
  D) supply curve is positively sloped.

Question 2

Except for perfect substitutes or perfect complements, indifference curves
 
  A) are straight lines with a positive slope.
  B) slope upward to the right.
  C) are bowed in toward the origin.
  D) are bowed out away from the origin.


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

pane00

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 29, 2018
Thank you :)


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

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?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

What makes tea so good What makes tea so good
Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Touch the test light to the negative (–) terminal of the battery or a good engine ground to check ... Touch the test light to the negative (–) terminal of the battery or a good engine ground to check ...
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
J or U dose-response curve J or U dose-response curve
The Oxyhemoglobin Dissociation Curve The Oxyhemoglobin Dissociation Curve
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library