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Author Question: The elasticity of supply for paintings by Monet is A) perfectly elastic. B) perfectly inelastic. ... (Read 121 times)

audie

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The elasticity of supply for paintings by Monet is
 
  A) perfectly elastic.
  B) perfectly inelastic.
  C) unit elastic.
  D) inelastic.

Question 2

The above figure shows two Lorenz curves. Suppose both Lorenz curves measure wealth. Then, the curves show that wealth is
 
  A) greater along Lorenz curve A.
  B) greater along Lorenz curve B.
  C) distributed more equally along Lorenz curve A.
  D) distributed more equally along Lorenz curve B.



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amcvicar

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Answer to Question 1

B

Answer to Question 2

C




audie

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Reply 2 on: Jun 29, 2018
Excellent


ttt030911

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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