« previous next »

Author Question: The air route from Dallas to Mexico City is served by more than one airline. The demand for tickets ... (Read 55 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
The air route from Dallas to Mexico City is served by more than one airline. The demand for tickets from American Airlines for that route is probably
 
  A) inelastic but more elastic than the demand for all tickets for that route.
  B) elastic and more elastic than the demand for all tickets for that route.
  C) inelastic and less elastic than the demand for all tickets for that route.
  D) elastic but less elastic than the demand for all tickets for that route.

Question 2

When the nominal interest rate rises, the
 
  A) quantity of money demanded decreases.
  B) demand for money decreases.
  C) demand for money increases.
  D) quantity of money demanded increases.


harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Aftermath of the 2005 Texas City Refinery Explosion Aftermath of the 2005 Texas City Refinery Explosion
Route of Lewis and Clark Route of Lewis and Clark
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen
Shiprock, New Mexico – a volcanic neck Shiprock, New Mexico – a volcanic neck
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library