« previous next »

Author Question: Refer to Figure 10-7. Suppose the price of Pilates sessions rise to 30 while income and the price of ... (Read 180 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 29, 2018
Refer to Figure 10-7. Suppose the price of Pilates sessions rise to 30 while income and the price of Yoga sessions remain unchanged. The income effect of this price change is represented by the movement from
 
  A) A to B. B) B to C. C) D to B D) D to C.

Question 2

Refer to Figure 14-2. Now suppose that the government delays Xenophone's entry and Gigacom moves first, what is the likely outcome in the market?
 
  A) Both offer DSL internet service; Xenophone earns a profit of 8 million and Gigacom earns a profit of 7 million.
  B) Xenophone offers internet service via cable line and earns a profit of 4 million while Gigacom offers DSL internet service and earns a profit of 4.5 million.
  C) Xenophone offers DSL internet service and earns a profit of 5 million while Gigacom offer internet service via cable line and earns a profit of 6.5 million.
  D) Both offer internet service via cable line; Xenophone earns a profit of 6 million and Gigacom earns a profit of 9 million.


af

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Possible symbiotic or endosymbiotic relationships that gave rise to the first eukaryotic cells Possible symbiotic or endosymbiotic relationships that gave rise to the first eukaryotic cells
Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Caravaneer on a camel, China. Tang dynasty, (618–907). Polychrome terra-cotta figure. Caravaneer on a camel, China. Tang dynasty, (618–907). Polychrome terra-cotta figure.
Figure-8s on the toes mobilize joints of the foot. Figure-8s on the toes mobilize joints of the foot.
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ... As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ...
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library