Author Question: The above table shows the total product of producing baseball hats. The average product of 3 workers ... (Read 140 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
The above table shows the total product of producing baseball hats. The average product of 3 workers is equal to
 
  A) 1.67 baseball hats.
  B) 6.00 baseball hats.
  C) 12.78 baseball hats.
  D) 18.00 baseball hats.

Question 2

The price elasticity of demand for meat in general is inelastic while the price elasticity of demand for turkey or chicken is more elastic. Why?
 
  A) Turkey and chicken are not red meat. Because they are not the same as other meats, they should have different elasticities.
  B) Turkey and chicken have many substitutes, such as fish or beef, while meat in general has fewer substitutes.
  C) Turkey and chicken are inferior goods.
  D) Turkey and chicken are normal goods.



cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library