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Author Question: ________ is an illegal activity between buyers and sellers sometimes used to evade a price ceiling. ... (Read 37 times)

EAugust

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on: Jun 29, 2018
________ is an illegal activity between buyers and sellers sometimes used to evade a price ceiling.
 
  A) Increased search activity
  B) A price floor
  C) Creating a shortage
  D) A black market

Question 2

The figure above illustrates a linear demand curve. If the price rises from 6 to 8 demand is ________ and if the price falls from 8 to 6 demand is ________.
 
  A) elastic; elastic
  B) elastic; inelastic
  C) inelastic; elastic
  D) inelastic; inelastic


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6ana001

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

D

Answer to Question 2

A


EAugust

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  • Posts: 550
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

isabelt_18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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