« previous next »

Author Question: Bob's Funky T-shirts began the year with 1,000 shirts in inventory, produced 10,000 shirts during ... (Read 214 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 29, 2018
Bob's Funky T-shirts began the year with 1,000 shirts in inventory, produced 10,000 shirts during the year and ended the year with 1,100 shirts in inventory. The 100 shirts added to his inventory will be classified as
 
  A) consumption expenditure.
  B) investment.
  C) net exports of goods and services.
  D) exports of goods and services.
  E) nondurable consumption goods.

Question 2

Sharon consumes 10 chocolates when the price of one chocolate is 2. If her arc elasticity of demand for chocolates is -1, she consumes ________ chocolates when the price increases to 4.
 
  A) 5
  B) 6
  C) 8
  D) 9


amandalm

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

No recombinants are produced without cell contact No recombinants are produced without cell contact
Eighteen-year-olds were the largest age cohort in the first year of the war in both armies. Soldiers Eighteen-year-olds were the largest age cohort in the first year of the war in both armies. Soldiers
For the 2-year-old, encounters with peers provide valuable practice in communication and social ... For the 2-year-old, encounters with peers provide valuable practice in communication and social ...
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
Video: Rena arc construction

For a complete list of videos, visit our video library