« previous next »

Author Question: A luxury good has A) a negative income elasticity. B) a cross elasticity of one. C) a very high ... (Read 106 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
A luxury good has
 A) a negative income elasticity.
  B) a cross elasticity of one.
  C) a very high income elasticity.
  D) a negative price elasticity.

Question 2

In the United States, the supply curve for human organs currently is:
 a. vertical.
 b. horizontal.
 c. downward sloping.
  d. upward sloping.


karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Stages of a Neurospora cross Stages of a Neurospora cross
Cross Section of the Left Breast Cross Section of the Left Breast
Cross-Section of a Banana Under a Microscope Cross-Section of a Banana Under a Microscope
Under what conditions can part-time employment in high school be a negative influence on school ... Under what conditions can part-time employment in high school be a negative influence on school ...
An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Graduating High School Graduating High School
Video: Simple Diffusion - gases and nonpolar compounds transport

For a complete list of videos, visit our video library