« previous next »

Author Question: If goods A and B are complements, then A) the cross elasticity of demand between A and B is ... (Read 97 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
If goods A and B are complements, then
 
  A) the cross elasticity of demand between A and B is negative.
  B) the cross elasticity of demand between A and B is positive.
  C) their income elasticities of demand are both greater than 1.
  D) their income elasticities of demand are both less than 1.

Question 2

An example of an activity that generates an external cost is
 
  A) dumping soapsuds into a trout stream.
  B) national defense services.
  C) planting flowers along an interstate highway.
  D) eating an apple.


Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Stages of a Neurospora cross Stages of a Neurospora cross
The Punnett square of a dihybrid cross demonstrates Mendel’s law of independent assortment. The Punnett square of a dihybrid cross demonstrates Mendel’s law of independent assortment.
Cross Section of a Synapse Cross Section of a Synapse
A radiator may be either a down-flow or a cross-flow type. A radiator may be either a down-flow or a cross-flow type.
Yearly growth of tree trunk (cross-section) Yearly growth of tree trunk (cross-section)
Morgan’s test-cross analysis of genetic linkage between autosomal genes Morgan’s test-cross analysis of genetic linkage between autosomal genes
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library