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Author Question: The rising price of oil has made it feasible to extract oil out of oily sand in Canada. Concerning ... (Read 109 times)

tichca

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on: Jul 1, 2018
The rising price of oil has made it feasible to extract oil out of oily sand in Canada. Concerning the oil market this is an example of
 
  A) a higher price elasticity of supply in the long run.
  B) a higher price elasticity of supply in the short run.
  C) a higher price elasticity of demand in the short run.
  D) an inelastic long-run supply of oil.

Question 2

In the mid-1980s, the salaries of accounting professors with Ph.D.s increased dramatically. This resulted in an increase in enrollments in Ph.D. accounting programs. Since a Ph.D. degree in accounting may take at least four years to complete, the short-run elasticity of supply of accounting professors is
 
  A) greater than the long-run-elasticity of supply.
  B) less than the long-run elasticity of supply.
  C) equal to the long-run elasticity of supply.
  D) equal to the short-run elasticity of demand.
Microeconomics ¦ Perloff ¦ 8th Edition
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ju

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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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tichca

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

bulacsom

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

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