« previous next »

Author Question: Consider the straight-line demand curve illustrated in the figure above. At a price of 6, demand is ... (Read 107 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
Consider the straight-line demand curve illustrated in the figure above. At a price of 6, demand is
 
  A) inelastic.
  B) elastic.
  C) unit elastic.
  D) More information is needed to determine if the demand is elastic, unit elastic, or inelastic.

Question 2

Which of the following is NOT included in the U.S. current account?
 
  A) U.S. investment abroad
  B) net interest income
  C) net transfers
  D) imports of goods and services


asware1

  • Sr. Member
  • ****
  • Posts: 318
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?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

(A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du (A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du
Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
The paleoanthropologist must understand these deformations in order to figure out which strata a fos The paleoanthropologist must understand these deformations in order to figure out which strata a fos
A container with gasoline containing alcohol. Notice the separation line where the alcohol-water ... A container with gasoline containing alcohol. Notice the separation line where the alcohol-water ...
Two radio antennas are 130 m apart on a north-south line. The two antennas radiate in phase at ... Two radio antennas are 130 m apart on a north-south line. The two antennas radiate in phase at ...
As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ... As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ...
Video: Coronary Heart Disease

For a complete list of videos, visit our video library