« previous next »

Author Question: Which of the following leads a good to have a high elasticity of supply? I. The good must be ... (Read 81 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Which of the following leads a good to have a high elasticity of supply? I. The good must be produced using unique resources. II. The good is produced using commonly available resources.
 
  A) I only
  B) II only
  C) I and II
  D) neither I nor II

Question 2

The relationship in the above figure indicates that
 
  A) a decrease in the interest rate leads to a decrease in household income.
  B) a decrease in household consumption leads to a decrease in interest rates.
  C) a decrease in household income will lead household consumption to increase.
  D) none of the above.


carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

A very high-resolution texture of the planet Mars A very high-resolution texture of the planet Mars
Mononucleosis is caused by the Epstein–Barr virus. Symptoms of the infectious disease are swollen pa Mononucleosis is caused by the Epstein–Barr virus. Symptoms of the infectious disease are swollen pa
The Structure of an Old High-Mass Star The Structure of an Old High-Mass Star
Cross section of heart with pacemaker leads Cross section of heart with pacemaker leads
Deconvolution fluorescence microscopy yields high-resolution optical sections th Deconvolution fluorescence microscopy yields high-resolution optical sections th
Localizing the Source of High-Frequency Sounds Localizing the Source of High-Frequency Sounds
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library