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

Author Question: Of the following, demand is likely to be the most elastic for A) food. B) cars. C) Sony Blu-ray ... (Read 79 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Of the following, demand is likely to be the most elastic for
 
  A) food.
  B) cars.
  C) Sony Blu-ray players.
  D) personal computers.

Question 2

A perfectly competitive firm maximizes its economic profit when it produces the quantity that sets
 
  A) MR = MC.
  B) TR = TC.
  C) MC =.AVC.
  D) MC = ATC.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aadams68

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Excellent

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

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?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Food Pyramid Food Pyramid
Food Digestion Steps Food Digestion Steps
Basic Food Group Choices for a 1,200 Calorie Eating Plan Basic Food Group Choices for a 1,200 Calorie Eating Plan
Food, friends, and football . . . a way of life Food, friends, and football . . . a way of life
Thanks to agricultural advances, the world’s farmers can grow plenty of food Thanks to agricultural advances, the world’s farmers can grow plenty of food
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library