« previous next »

Author Question: Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco ... (Read 283 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco Bell food is likely
 
  A) inelastic.
  B) unitary elastic.
  C) perfectly inelastic.
  D) elastic.

Question 2

Rent seeking is one reason why countries choose to
 
  A) restrict trade.
  B) export and import the same goods.
  C) work for freer trade.
  D) follow the theory of comparative advantage.


itsakadoozi

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

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms
Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued) Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued)
Basic Food Group Choices for a 1,200 Calorie Eating Plan Basic Food Group Choices for a 1,200 Calorie Eating Plan
How Fast is the World's Population Growing? How Fast is the World's Population Growing?
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Chewing & Swallowing: Food Processing Begins Chewing & Swallowing: Food Processing Begins
Video: Types of synapses - electrical & chemical

For a complete list of videos, visit our video library