Author Question: A warranty is an example of ________. A) sniping B) signaling C) a price floor D) a price ... (Read 74 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
A warranty is an example of ________.
 
  A) sniping
  B) signaling
  C) a price floor
  D) a price ceiling

Question 2

The incidence of a per-unit tax on a good is identical for buyers and sellers of the good if:
 
  A) the buyers and sellers of the good are equally sensitive to price changes.
  B) the elasticity of market demand exceeds the elasticity of market supply.
  C) the market supply curve is flatter than the market demand curve.
  D) the market demand curve is horizontal.



kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library