This topic contains a solution. Click here to go to the answer

Author Question: The closer the substitutes for a good, the A) more elastic is the demand for the good. B) less ... (Read 108 times)

jake

  • Hero Member
  • *****
  • Posts: 538
The closer the substitutes for a good, the
 
  A) more elastic is the demand for the good.
  B) less elastic is the demand for the good.
  C) smaller the degree of substitutability between the goods.
  D) larger the proportion of income that is spent on the good.

Question 2

Points on a firm's total product curve are
 
  A) both attainable and technologically efficient.
  B) neither attainable nor technologically efficient.
  C) attainable but not technologically efficient.
  D) technologically efficient but not attainable.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

A




jake

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
:D TYSM


ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

For a complete list of videos, visit our video library