« previous next »

Author Question: The cross-price elasticity between movie tickets and video rentals is positive. a. True b. False ... (Read 165 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
The cross-price elasticity between movie tickets and video rentals is positive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An economic profit of zero implies:
 a. normal profit.
 b. the firm is covering both explicit and implicit costs.
 c. the firm's revenues are sufficient to compensate the money and time that the owners put into the business.
  d. all of the above


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

dollx

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Jun 30, 2018
Thank you :)


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Cross Section of a Bone Cross Section of a Bone
Positive Babinski’s sign. Positive Babinski’s sign.
Horizontal, frontal (coronal), and sagittal planes in the human brain and a cross section of the ... Horizontal, frontal (coronal), and sagittal planes in the human brain and a cross section of the ...
Diagram of the cross section of an axoneme Diagram of the cross section of an axoneme
The Do's and Don'ts of Cross-Contamination The Do's and Don'ts of Cross-Contamination
Lakou Mizik & Joseph Ray - Ogou (Pran Ka Mwen) [Official Music Video] Lakou Mizik & Joseph Ray - Ogou (Pran Ka Mwen) [Official Music Video]
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library