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

Author Question: The demand for ________ is more elastic than the demand for ________. A) chewing gum; cars B) ... (Read 42 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
The demand for ________ is more elastic than the demand for ________.
 
  A) chewing gum; cars
  B) all personal computers; Dell computers
  C) Pepsi; all soft beverages
  D) food; exotic vacations

Question 2

Suppose the economy is experiencing a recessionary gap. In the long run, if aggregate demand does not change, the following events happen: the money wage rate ________, unemployment ________, and the price level ________.
 
  A) falls; rises; falls
  B) falls; falls; falls
  C) rises; rises; rises
  D) rises; falls; rises


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peilian

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Wow, this really help

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

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?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Cars Cars
The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
The original Supply and Demand graph The original Supply and Demand graph
Chewing & Swallowing: Food Processing Begins Chewing & Swallowing: Food Processing Begins
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: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library