This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Any supply curve that is a straight line passing through the graph's origin is unit elastic. a. ... (Read 17 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jul 1, 2018
Any supply curve that is a straight line passing through the graph's origin is unit elastic.
 a. True
  b. False

Question 2

If the demand curve shifts but the supply curve does not and price remains the same, supply must be perfectly inelastic.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
Dewey and the reformers attacked classes, such as this one, circa 1900, where students sat up straig Dewey and the reformers attacked classes, such as this one, circa 1900, where students sat up straig
A hyfrecator, an electrocautery unit. A hyfrecator, an electrocautery unit.
Keep the spine straight while sitting down. Keep the spine straight while sitting down.
If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle
Finding the graph of a Parabola using certain values Finding the graph of a Parabola using certain values
Video: How Hemoglobin Picks Up and Delivers Oxygen

For a complete list of videos, visit our video library