Author Question: A good with a perfectly inelastic supply has a price elasticity of supply: A) equal to zero. B) ... (Read 127 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
A good with a perfectly inelastic supply has a price elasticity of supply:
 
  A) equal to zero.
  B) between zero and one.
  C) equal to one.
  D) greater than one.

Question 2

Refer to the scenario above. What is the present value of Option A?
 
  A) 2,464.11
  B) 2,385.07
  C) 2,463.66
  D) 4,898.46



lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

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?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library