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Author Question: Pizza Hut pizza has more close substitutes than does food in general. The price elasticity of demand ... (Read 98 times)

Sportsfan2111

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on: Jun 29, 2018
Pizza Hut pizza has more close substitutes than does food in general. The price elasticity of demand for Pizza Hut pizza is ________ the price elasticity of demand for food in general.
 
  A) not comparable to
  B) greater than
  C) less than
  D) the same as

Question 2

The real wage rate measures the quantity of goods and services an hour's work will buy.
 
  Indicate whether the statement is true or false


Kdiggy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


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Sportsfan2111

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Reply #2 on: Jun 29, 2018
Thank you


Kdiggy

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Reply #3 on: Jun 29, 2018
No problemo


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