« previous next »

Author Question: If peanut butter and jelly are complements, then their cross elasticity of demand must be A) ... (Read 156 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 29, 2018
If peanut butter and jelly are complements, then their cross elasticity of demand must be
 
  A) infinitely high.
  B) a positive number that might be greater than 1.
  C) a number between zero and one.
  D) a negative number.

Question 2

If the price of gasoline increases and the price of food remains the same, then real income measured in terms of
 
  A) gasoline increases.
  B) gasoline decreases.
  C) food increases.
  D) food decreases.


kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

A cross section of a lymph node. A cross section of a lymph node.
Stand facing the side of the table and apply cross-handed stretches for the subcutaneous fascia. ... Stand facing the side of the table and apply cross-handed stretches for the subcutaneous fascia. ...
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2 The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2
Cross-section of a human molar Cross-section of a human molar
The photo is a cross-section of thickened human skin The photo is a cross-section of thickened human skin
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library