« previous next »

Author Question: In the table above, which case has the lowest relative price for a hamburger? A) case A B) case ... (Read 145 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
In the table above, which case has the lowest relative price for a hamburger?
 
  A) case A
  B) case B
  C) case C
  D) All three cases have an equal relative price for a hamburger.

Question 2

If a tax is imposed in a market in which demand is perfectly inelastic
 
  A) the buyers pay the entire tax.
  B) the sellers pay the entire tax.
  C) the buyers and the sellers both pay a portion of the tax.
  D) neither the buyer nor the seller pays the tax.


britb2u

  • Sr. Member
  • ****
  • Posts: 331
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?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Important Human Viral Table Important Human Viral Table
Carrie Mae Weems, Untitled (Man Smoking/Malcolm X), from The Kitchen Table Series. Carrie Mae Weems, Untitled (Man Smoking/Malcolm X), from The Kitchen Table Series.
How to Solve an Ambiguous Case Triangle How to Solve an Ambiguous Case Triangle
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Coolest Period Table EVER Coolest Period Table EVER
A 23 kg mass is connected to a nail on a frictionless table by a massless string 1.3 m long. ... A 23 kg mass is connected to a nail on a frictionless table by a massless string 1.3 m long. ...
Video: Introduction to Sleep Apnea

For a complete list of videos, visit our video library