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Author Question: A change in the capital stock ________ the short-run aggregate supply curve and ________ the ... (Read 125 times)

joe

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on: Jun 29, 2018
A change in the capital stock ________ the short-run aggregate supply curve and ________ the long-run aggregate supply curve.
 
  A) shifts; shifts
  B) shifts; does not shift
  C) does not shift; shifts
  D) does not shift; does not shift

Question 2

Florida State University has just lowered the price of its season football tickets from 350.00 to 300.00. As a result, there was an increase in the number of season tickets purchased from 43,000 to 47,000.
 
  The price elasticity of demand for season tickets equals A) 1.71.
  B) 1.58.
  C) 0.71.
  D) 0.58.


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frejo

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

A

Answer to Question 2

D


joe

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

sultansheikh

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

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