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 258 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
Gracias!

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
The relationship of substrate con- version (as measured by optical density) to the amount of patient ... The relationship of substrate con- version (as measured by optical density) to the amount of patient ...
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Because the factor h on the right side of the Heisenberg uncertainty principle has units of ... Because the factor h on the right side of the Heisenberg uncertainty principle has units of ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library