« previous next »

Author Question: If the elasticity of supply of a good is zero, then its A) supply curve is vertical. B) supply ... (Read 186 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
If the elasticity of supply of a good is zero, then its
 
  A) supply curve is vertical.
  B) supply curve is horizontal.
  C) demand curve must be vertical.
  D) supply curve is positively sloped.

Question 2

Except for perfect substitutes or perfect complements, indifference curves
 
  A) are straight lines with a positive slope.
  B) slope upward to the right.
  C) are bowed in toward the origin.
  D) are bowed out away from the origin.


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

pane00

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 29, 2018
Thank you :)


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The FDA recognizes 118 routes of administration.

Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
Vertical and Horizontal Changes in Pressure Vertical and Horizontal Changes in Pressure
Cloud Types: Vertical Development Cloud Types: Vertical Development
Good alignment for sitting posture. Good alignment for sitting posture.
A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water. A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water.
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
Video: Isovolumetric VC, Ventricular ejection, Isovolumetric & Passive ventricular filling

For a complete list of videos, visit our video library