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

Author Question: A 10 percent increase in income increases the quantity of orange juice demanded from 19,200 to ... (Read 68 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
A 10 percent increase in income increases the quantity of orange juice demanded from 19,200 to 20,800 gallons. The income elasticity of demand for orange juice is
 
  A) 0.5.
  B) 0.8.
  C) 1.0.
  D) 1.2.

Question 2

Generating electricity creates air pollution. This industry, if left unregulated, will produce
 
  A) more than the efficient level of output.
  B) the efficient level of output.
  C) less than the efficient level of output.
  D) sometimes more and sometimes less than the efficient level of output.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


misspop

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Gracias!

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

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.

A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Radiation Quantity and Quality Radiation Quantity and Quality
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
How to solve simple percent word problems (Part 1) How to solve simple percent word problems (Part 1)
A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ... A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ...
Polyploidy increases fruit size Polyploidy increases fruit size
Video: Pneumonia Animation

For a complete list of videos, visit our video library