« previous next »

Author Question: Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco ... (Read 265 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco Bell food is likely
 
  A) inelastic.
  B) unitary elastic.
  C) perfectly inelastic.
  D) elastic.

Question 2

Rent seeking is one reason why countries choose to
 
  A) restrict trade.
  B) export and import the same goods.
  C) work for freer trade.
  D) follow the theory of comparative advantage.


itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Food Log Food Log
Reducing Pesticides in Food Reducing Pesticides in Food
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
DID YOU KNOW? DRIVING FAST CAUSES HAIR LOSS DID YOU KNOW? DRIVING FAST CAUSES HAIR LOSS
Video: A timeline of the teeth (Explained - No Audio)

For a complete list of videos, visit our video library