This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If, as a consumer, Jeannine is very sensitive to changes in the price of pineapples, A) her ... (Read 35 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
If, as a consumer, Jeannine is very sensitive to changes in the price of pineapples,
 
  A) her demand is price elastic.
  B) her demand is price inelastic.
  C) her supply is price elastic.
  D) her supply is price inelastic.

Question 2

A market structure where many sellers offer differentiated products is called perfect competition.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


AEWBW

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Orientation-Sensitive Neurons Orientation-Sensitive Neurons
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
In the retina, there are two types of light receptor cells: Rods are sensitive to differences in lig In the retina, there are two types of light receptor cells: Rods are sensitive to differences in lig
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library