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

Author Question: Which of the following goods has a perfectly inelastic supply? A) insulin B) Diet Pepsi C) the ... (Read 42 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
Which of the following goods has a perfectly inelastic supply?
 
  A) insulin
  B) Diet Pepsi
  C) the original portrait of Whistler's Mother
  D) compact discs by Bush

Question 2

Except for perfect complements, an indifference curve has a ________ slope and becomes ________ moving to the right.
 
  A) negative; flatter
  B) negative; steeper
  C) positive; flatter
  D) positive; steeper



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rnehls

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library