This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The demand for ________ is more elastic than the demand for ________. A) chewing gum; cars B) ... (Read 41 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
The demand for ________ is more elastic than the demand for ________.
 
  A) chewing gum; cars
  B) all personal computers; Dell computers
  C) Pepsi; all soft beverages
  D) food; exotic vacations

Question 2

Suppose the economy is experiencing a recessionary gap. In the long run, if aggregate demand does not change, the following events happen: the money wage rate ________, unemployment ________, and the price level ________.
 
  A) falls; rises; falls
  B) falls; falls; falls
  C) rises; rises; rises
  D) rises; falls; rises


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peilian

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Gracias!

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Elastic Rebound Elastic Rebound
If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ... If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ...
A Blue Wildebeest chewing. A Blue Wildebeest chewing.
Video: Parkinson's Disease

For a complete list of videos, visit our video library