« previous next »

Author Question: If goods are complements, then their A) cross elasticities are positive. B) income elasticities ... (Read 108 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
If goods are complements, then their
 
  A) cross elasticities are positive.
  B) income elasticities are positive.
  C) income elasticities are negative.
  D) cross elasticities are negative.

Question 2

In the above table, between what two levels of output does one first observe the law of diminishing returns?
 
  A) 0 and 1000
  B) 1000 and 3000
  C) 3000 and 4000
  D) 4000 and 4500


C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

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.

A Punnett square depicting a cross between two pea plants heterozygous for purple (B) and white (b) A Punnett square depicting a cross between two pea plants heterozygous for purple (B) and white (b)
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive (A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
Environment of tRNAs at the ribosome as determined by cross-linking Environment of tRNAs at the ribosome as determined by cross-linking
Determination of Income Inequality Determination of Income Inequality
The photo is a cross-section of thickened human skin The photo is a cross-section of thickened human skin
Cross-regulatory interactions among gap genes Cross-regulatory interactions among gap genes
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library