Author Question: The air route from Dallas to Mexico City is served by more than one airline. The demand for tickets ... (Read 54 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
The air route from Dallas to Mexico City is served by more than one airline. The demand for tickets from American Airlines for that route is probably
 
  A) inelastic but more elastic than the demand for all tickets for that route.
  B) elastic and more elastic than the demand for all tickets for that route.
  C) inelastic and less elastic than the demand for all tickets for that route.
  D) elastic but less elastic than the demand for all tickets for that route.

Question 2

When the nominal interest rate rises, the
 
  A) quantity of money demanded decreases.
  B) demand for money decreases.
  C) demand for money increases.
  D) quantity of money demanded increases.



harveenkau8139

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

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library