This topic contains a solution. Click here to go to the answer

Author Question: If the measured elasticity of supply coefficient equals 0.6, then supply is: a. perfectly elastic. ... (Read 178 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
If the measured elasticity of supply coefficient equals 0.6, then supply is:
 a. perfectly elastic.
  b. elastic.
 c. unit elastic.
 d. inelastic.

Question 2

An increase in currency in circulation would ____ M1 and ____ M2.
 a. increase; increase.
 b. not change; increase.
  c. decrease; decrease.
 d. not change; decrease.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

d

Answer to Question 2

a




moongchi

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
:D TYSM


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

For a complete list of videos, visit our video library