This topic contains a solution. Click here to go to the answer

Author Question: The price elasticity of demand for oranges ________ change if the units of the quantity was changed ... (Read 147 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
The price elasticity of demand for oranges ________ change if the units of the quantity was changed from pounds to kilograms and ________ change if the units of the price was changed from dollars to cents.
 
  A) would; would
  B) would; would not
  C) would not; would
  D) would not; would not

Question 2

Suppose that the number of jobs in the fishing industry decreases but the number of jobs in the travel industry increases. Initially, ________.
 
  A) the economy remains at full employment
  B) structural unemployment increases
  C) there is a shortage of workers in both sectors
  D) cyclical unemployment increases



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

B




charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library