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

Author Question: The price elasticity of demand for a demand curve that has a zero slope is A) zero. B) one. ... (Read 27 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jul 1, 2018
The price elasticity of demand for a demand curve that has a zero slope is
 
  A) zero.
  B) one.
  C) negative but approaches zero as consumption increases.
  D) infinity.

Question 2

A local restaurant sells strawberry pie for 3.00 per slice. However, if you order the prime rib dinner, you can get a slice of pie for only a dollar. This is an example of
 
  A) bundling.
  B) second-degree price discrimination.
  C) a two-part tariff.
  D) tying.
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

debra928

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jul 1, 2018
Gracias!

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
A Dose-Response Curve A Dose-Response Curve
Alan Price - Poor People Alan Price - Poor People
A Receiver-Operating-Characteristic (ROC) Curve A Receiver-Operating-Characteristic (ROC) Curve
Dose-response curve with threshold Dose-response curve with threshold
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library