« 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 113 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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

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?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Joseph Paxton, Crystal Palace, Great Exhibition, London. Joseph Paxton, Crystal Palace, Great Exhibition, London.
Snake Goddess or Priestess, from the palace at Knossos, Crete. Snake Goddess or Priestess, from the palace at Knossos, Crete.
Reconstruction Drawingof the Citadel and Palace Complex of Sargon II Reconstruction Drawingof the Citadel and Palace Complex of Sargon II
Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Video: Aneurysm

For a complete list of videos, visit our video library