« previous next »

Author Question: If students' expenditures on airline travel increase as a consequence of more heavily discounted ... (Read 55 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
If students' expenditures on airline travel increase as a consequence of more heavily discounted fares, students' demand for airline travel must be
 
  A) income elastic.
  B) income inelastic.
  C) price elastic.
  D) price inelastic.

Question 2

Give an example of a cyclically unemployed person.
 
  What will be an ideal response?


cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A person who loses his or her job because of a recession is cyclically unemployed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Drinking Alcohol use by college students Drinking Alcohol use by college students
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library