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

Author Question: The price elasticity of demand for oranges ________ change if the units of the quantity was changed ... (Read 74 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
The price elasticity of demand for oranges ________ change if the units of the quantity was changed from pounds to kilograms and ________ change if the units of the price was changed from dollars to cents.
 
  A) would; would
  B) would; would not
  C) would not; would
  D) would not; would not

Question 2

Suppose that the number of jobs in the fishing industry decreases but the number of jobs in the travel industry increases. Initially, ________.
 
  A) the economy remains at full employment
  B) structural unemployment increases
  C) there is a shortage of workers in both sectors
  D) cyclical unemployment increases



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

B




charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

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?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

For a complete list of videos, visit our video library