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

Author Question: The price elasticity of demand for purses is measured in what units? A) dollars B) purses C) ... (Read 226 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
The price elasticity of demand for purses is measured in what units?
 
  A) dollars
  B) purses
  C) dollars per purse
  D) The price elasticity of demand is a unitless measure.

Question 2

In broad terms the difference between microeconomics and macroeconomics is that
 
  A) they use different sets of tools and ideas.
  B) microeconomics studies decisions of individual people and firms and macroeconomics studies the entire national economy.
  C) macroeconomics studies the effects of government regulation and taxes on the price of individual goods and services whereas microeconomics does not.
  D) microeconomics studies the effects of government taxes on the national unemployment rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

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?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

A Listing of Repeat Units for 10 of the More Common Polymeric Materials A Listing of Repeat Units for 10 of the More Common Polymeric Materials
How to convert between imperial and metric units (Part 2) How to convert between imperial and metric units (Part 2)
Palpating for skin elasticity Palpating for skin elasticity
Distribution of skin color as measured by a reflectometer at a wavelength of 685 nm. The results are Distribution of skin color as measured by a reflectometer at a wavelength of 685 nm. The results are
Expressing amounts of energy in different energy units is necessary to solve many chemistry ... Expressing amounts of energy in different energy units is necessary to solve many chemistry ...
Expressing amounts of energy in different energy units is necessary to solve many chemistry ... Expressing amounts of energy in different energy units is necessary to solve many chemistry ...
Video: Origin of organelles Animation

For a complete list of videos, visit our video library