« previous next »

Author Question: If the Palace Cinema can sell 200 tickets at 4 and 300 tickets at 3, the demand for Palace Cinema ... (Read 61 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
If the Palace Cinema can sell 200 tickets at 4 and 300 tickets at 3, the demand for Palace Cinema tickets between the two prices is
 
  A) elastic.
  B) inelastic.
  C) marginal.
  D) unit elastic.

Question 2

We do not have reliable information on the time lags between expansionary fiscal and monetary policy actions and their effect on production and prices because
 
  A) Congress has reduced the funds available to the Bureau of Economic Analysis.
  B) economists believe any discretionary policy would only make matters worse.
  C) economists have only recently discovered the importance of this problem.
  D) the length of the lags will depend in large part on how long they are thought to be.


shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Joseph Paxton, Crystal Palace, Great Exhibition, London. Joseph Paxton, Crystal Palace, Great Exhibition, London.
Reconstruction Drawingof the Citadel and Palace Complex of Sargon II Reconstruction Drawingof the Citadel and Palace Complex of Sargon II
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
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
Video: PET Scan Animation

For a complete list of videos, visit our video library