This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a good is produced using inputs for which there are no substitutes, the good's A) elasticity ... (Read 55 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
If a good is produced using inputs for which there are no substitutes, the good's
 
  A) elasticity of supply is likely to be small.
  B) elasticity of supply is likely to be large.
  C) elasticity of demand will be small.
  D) elasticity of demand will be large.

Question 2

The table above shows sales of the firms in the chocolate industry. The Herfindahl-Hirschman Index in the industry is
 
  A) 1346.
  B) 896.
  C) 1160.
  D) 2588.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


clmills979

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Wow, this really help

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Upper Paleolithic stone tools include blade-based tools as seen here being produced from a blade cor Upper Paleolithic stone tools include blade-based tools as seen here being produced from a blade cor
Inputs and Outputs of the Lateral Zone of the Cerebellar Cortex Inputs and Outputs of the Lateral Zone of the Cerebellar Cortex
A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ... A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ...
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Major Agricultural Crops Produced in the United States, 2011 Major Agricultural Crops Produced in the United States, 2011
The hormone leptin is produced in fat cells, moves through the blood, and binds to receptors in the The hormone leptin is produced in fat cells, moves through the blood, and binds to receptors in the
Video: Stages of Mitosis - Prophase, Prometaphase, Metaphase, Anaphase & Telophase

For a complete list of videos, visit our video library