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Author Question: As more people quit smoking in the United States, what is expected to happen to the price elasticity ... (Read 113 times)

D2AR0N

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on: Jul 1, 2018
As more people quit smoking in the United States, what is expected to happen to the price elasticity of supply of cigarettes?
 
  A) It will decrease.
  B) It will increase.
  C) It can increase or decrease.
  D) It will not change.

Question 2

Relative to the short-run demand for gasoline, the long-run demand for gasoline is
 
  A) probably more elastic since people need time to change automobiles and driving habits.
  B) probably less elastic since people need time to change automobiles and driving habits.
  C) probably more elastic because people can hoard this good.
  D) probably less elastic because people cannot store this good.
Microeconomics ¦ Perloff ¦ 8th Edition
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jgranad15

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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D2AR0N

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Reply 2 on: Jul 1, 2018
Gracias!

adammoses97

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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