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

Author Question: Business cycles are A) irregular, with some having two recessions and no expansion. B) ... (Read 571 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
Business cycles are
 
  A) irregular, with some having two recessions and no expansion.
  B) predictable, with a recession following a trough.
  C) unpredictable, but always have two phases and two turning points.
  D) unpredictable, and don't always have two phases and two turning points.

Question 2

The price elasticity of demand for DVDs is 2. If the price of a DVD increased by 2 percent, the quantity demanded will ________.
 
  A) decrease by 2 percent
  B) not change
  C) decrease by 4 percent
  D) decrease by 1 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: Jun 29, 2018
Thank you :)


carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

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

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

The direction of plant cell expansion is controlled by microfibrils and microtubules. Plant cells en The direction of plant cell expansion is controlled by microfibrils and microtubules. Plant cells en
Irregular Galaxies Irregular Galaxies
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
International Business: The Challenges of Globalization, 8th Edition International Business: The Challenges of Globalization, 8th Edition
Expansion factors for venturi flowmeters Expansion factors for venturi flowmeters
Business Mathematics in Canada, 11e (Jerome, Worswick) Business Mathematics in Canada, 11e (Jerome, Worswick)
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library