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Author Question: In the figure above, U.S. consumers buy ________ airplanes per year at ________ million per ... (Read 145 times)

cdr_15

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on: Jun 29, 2018
In the figure above, U.S. consumers buy ________ airplanes per year at ________ million per airplane.
 
  A) 200; 150
  B) 400; 100
  C) 700; 150
  D) 400; 150
  E) 200; 100

Question 2

As people have more time to adjust to changes in a good's price,
 
  A) the demand curve will become less elastic.
  B) the supply curve will become less elastic.
  C) both the demand and supply curves will become less elastic.
  D) both the demand and supply curves will become more elastic.


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gstein359

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


cdr_15

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Reply 2 on: Jun 29, 2018
Excellent

xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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