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Author Question: The closer the substitutes for a good, the A) more elastic is the demand for the good. B) less ... (Read 121 times)

jake

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on: Jun 29, 2018
The closer the substitutes for a good, the
 
  A) more elastic is the demand for the good.
  B) less elastic is the demand for the good.
  C) smaller the degree of substitutability between the goods.
  D) larger the proportion of income that is spent on the good.

Question 2

Points on a firm's total product curve are
 
  A) both attainable and technologically efficient.
  B) neither attainable nor technologically efficient.
  C) attainable but not technologically efficient.
  D) technologically efficient but not attainable.


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234sdffa

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

A

Answer to Question 2

A


jake

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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