This topic contains a solution. Click here to go to the answer

Author Question: A waitress brings a free glass of wine when you sit down in a restaurant. This glass of wine is ... (Read 159 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
A waitress brings a free glass of wine when you sit down in a restaurant. This glass of wine is
 
  A) a service because the waitress carried it instead of making it.
  B) a good, but not an economic good because there is no price charged for the wine.
  C) a nongood because there is no price charged for the wine.
  D) an economic good because wine is produced with scarce resources, even if it is free to you.

Question 2

Which of the following illustrates the law of demand?
 
  A) More people watch college basketball in March than in November.
  B) The number of long distance calls in the United States is greater on Christmas than on Valentine's Day.
  C) College enrollment increases when federal tuition grants are readily available to students.
  D) The prevailing wage rate in an industry determines how many people choose to work in the industry.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

D

Answer to Question 2

C




craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
:D TYSM


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Gracias!

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library