« previous next »

Author Question: The figure above shows Ilene's budget line. The price of a can of cat food is 2. The price of a can ... (Read 60 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
The figure above shows Ilene's budget line. The price of a can of cat food is 2. The price of a can of dog food
 
  A) is 1.60.
  B) is 4.00.
  C) is 5.00.
  D) cannot be determined without more information.

Question 2

Peter's monthly income increases from 1,500 to 1,600. As a result, he increases the number of DVDs he buys per month from 2 to 3. Peter's demand for DVDs is
 
  A) price elastic.
  B) price inelastic.
  C) income elastic.
  D) income inelastic.


Juro

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Medication errors are three times higher among children and infants than with adults.

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?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

The end of a typical line wrench, which shows that it is capable of grasping most of the head of ... The end of a typical line wrench, which shows that it is capable of grasping most of the head of ...
Colossal Figure of Akhenaten Colossal Figure of Akhenaten
Major Food Sources of Saturated and Trans Fats for Americans Major Food Sources of Saturated and Trans Fats for Americans
A comparison of a trait (height) that shows discontinuous and continuous phenotypes in different pla A comparison of a trait (height) that shows discontinuous and continuous phenotypes in different pla
Section of a normal brain (left) and an HD brain (right). The HD brain shows extensive damage to the Section of a normal brain (left) and an HD brain (right). The HD brain shows extensive damage to the
Lod Score Values for the Families in Figure 5.15 Lod Score Values for the Families in Figure 5.15
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library