Author Question: A necessity (such as food and shelter) generally has an inelastic demand. Indicate whether the ... (Read 193 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
A necessity (such as food and shelter) generally has an inelastic demand.
 
  Indicate whether the statement is true or false

Question 2

If you have private information that you are a safer driver than your record indicates, you are likely to buy an insurance policy with
 
  A) a higher than average deductible.
  B) a positive but lower than average deductible.
  C) an average deductible.
  D) no deductible.



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

TRUE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

nothere

  • Sr. Member
  • ****
  • Posts: 324

 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library