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

Author Question: The price of a commodity in terms of another commodity is A) the law of demand. B) a substitute. ... (Read 175 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jun 29, 2018
The price of a commodity in terms of another commodity is
 
  A) the law of demand.
  B) a substitute.
  C) the money price.
  D) the relative price.

Question 2

The most basic concept of economics is
 
  A) self-interest.
  B) scarcity.
  C) demand.
  D) rationality.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


xclash

  • Member
  • Posts: 681
Reply 2 on: Jun 29, 2018
:D TYSM

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Body directional terms. Body directional terms.
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library