« previous next »

Author Question: The Bay Area subway system, BART, offers senior citizens discounted fares for BART rides. This ... (Read 244 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
The Bay Area subway system, BART, offers senior citizens discounted fares for BART rides. This suggests that BART authorities believe that senior citizens have a ________ demand for subway rides.
 
  A) less price elastic B) more income elastic
  C) more price elastic D) less income elastic

Question 2

Refer to Figure 15-9. At the profit-maximizing quantity, what is the difference between the monopoly's price and the marginal cost of production?
 
  A) 8 B) 11.50
  C) 21 D) There is no difference.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive
Medical assistant working in a front office area of a medical office. Medical assistant working in a front office area of a medical office.
The mesotelencephalic dopamine system in the human brain, consisting of the nigrostriatal pathway ... The mesotelencephalic dopamine system in the human brain, consisting of the nigrostriatal pathway ...
The Male Reproductive System The Male Reproductive System
Endocrine System Glands Endocrine System Glands
Calculating the area of a circular ring Calculating the area of a circular ring
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library