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Author Question: Colonists owned the vast majority of the tonnage shipped between a. New England and the West ... (Read 113 times)

@Brianna17

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on: Jun 30, 2018
Colonists owned the vast majority of the tonnage shipped between
 a. New England and the West Indies.
  b. England and the West Indies.
  c. The Middle colonies and England.
  d. The South and the West Indies.

Question 2

Recall the text's discussion of the ten largest U.S. industries by value added in 1860 and 1910 . The emergence of tobacco products and malt liquors as major industries by 1910 suggests that
 a. these goods are highly income elastic.
  b. these goods are highly income inelastic.
  c. these goods are price inelastic.
  d. these goods exhibit economies of scale in production.


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al

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a. New England and the West Indies.

Answer to Question 2

a. these goods are highly income elastic.


@Brianna17

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

strudel15

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

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