« previous next »

Author Question: Because Product X has a large positive income elasticity, it is likely that the product A) has ... (Read 30 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Because Product X has a large positive income elasticity, it is likely that the product
 
  A) has many good substitutes.
  B) has few good complements.
  C) is a necessity.
  D) is a luxury.

Question 2

In a graph, a line has a negative slope if
 
  A) the line is vertical.
  B) the line is horizontal.
  C) the line rises from right to left.
  D) the line rises from left to right.


Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

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.

The Monarch butterfly migrates large distances The Monarch butterfly migrates large distances
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Industrial and transport sources are responsible for a large proportion of global GHG emission Industrial and transport sources are responsible for a large proportion of global GHG emission
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Use the product rule to find derivative Use the product rule to find derivative
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library