« previous next »

Author Question: A luxury good has A) a negative income elasticity. B) a cross elasticity of one. C) a very high ... (Read 81 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?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

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?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
The cell wall of a Gram-negative bacterium, E. coli The cell wall of a Gram-negative bacterium, E. coli
A high-resolution model of the 50S ribosomal subunit A high-resolution model of the 50S ribosomal subunit
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library