« previous next »

Author Question: A good with a perfectly inelastic supply has a price elasticity of supply: A) equal to zero. B) ... (Read 124 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Rule of Nines. A method for determining percentage of body burned. Each different colored section re Rule of Nines. A method for determining percentage of body burned. Each different colored section re
Checking the voltage drop between the TP sensor ground and a good engine ground with the ignition ... Checking the voltage drop between the TP sensor ground and a good engine ground with the ignition ...
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ... Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ...
Video: Wound Cultures

For a complete list of videos, visit our video library