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

Author Question: A supply curve that is horizontal reflects a supply that A) is elastic. B) is inelastic. C) is ... (Read 93 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
A supply curve that is horizontal reflects a supply that
 
  A) is elastic.
  B) is inelastic.
  C) is unit elastic.
  D) has a zero elasticity.

Question 2

Two candidates are running for election as mayors of New York City that was recently impacted by Superstorm Sandy. In their election platforms, both candidates supported spending very similar amounts on hurricane protection.
 
  This similarity is most likely the result of A) both candidates necessarily having the same preferences towards risk and protection.
  B) the Principle of Minimum Differentiation.
  C) both the candidates realize that hurricane protection is a public good.
  D) politicians only take efficiency into account and hence all candidates will suggest the efficient outcome.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Horizontal stroking of the abdomen. Place a hand on either side of the waist, fingers pointing away ... Horizontal stroking of the abdomen. Place a hand on either side of the waist, fingers pointing away ...
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
The Kuznets Curve The Kuznets Curve
Bacteria growth curve Bacteria growth curve
Video: Pressure Flow Model Animation

For a complete list of videos, visit our video library