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

Author Question: The elasticity of the momentary supply curve for any good always equals A) zero. B) one. C) ... (Read 87 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
The elasticity of the momentary supply curve for any good always equals
 
  A) zero.
  B) one.
  C) positive infinity.
  D) None of the above answers is correct.

Question 2

The table above gives the cost of producing T-shirts. The total fixed cost is ________ and the marginal cost of increasing production from 5 to 6 T shirts is ________.
 
  A) 20; 6
  B) 20; 10
  C) 10.40; 8
  D) unable to be determined; 8



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

B




bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Excellent


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library