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

Author Question: If the demand curve for oranges is a downward sloping straight line, the price elasticity of demand ... (Read 161 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 29, 2018
If the demand curve for oranges is a downward sloping straight line, the price elasticity of demand will increase the
 
  A) higher the price of oranges.
  B) higher the price of other fruits.
  C) higher the income level of consumers.
  D) lower the price of oranges.

Question 2

Based on the table, what is the marginal social benefit from the 45th slice of pizza?
 
  A) 3.50
  B) 3.25
  C) 0.50
  D) 9


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

You are a life saver.


erika

  • Member
  • Posts: 522
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

A new drug development time line with the four phases of drug approval. A new drug development time line with the four phases of drug approval.
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
A racing car accelerates uniformly from rest along a straight track. This track has markers ... A racing car accelerates uniformly from rest along a straight track. This track has markers ...
The phenotypic and genotypic ratios of a dihybrid cross can be derived using a branched-line method The phenotypic and genotypic ratios of a dihybrid cross can be derived using a branched-line method
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library