Author Question: If something is addictive, then A) price and demand are inversely related. B) price elasticity of ... (Read 62 times)

Shelles

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If something is addictive, then
 A) price and demand are inversely related.
  B) price elasticity of demand is equal to one.
  C) demand is perfectly inelastic.
  D) demand is perfectly elastic.

Question 2

Which welfare program allows the working poor to receive income refunds that can be greater than the taxes they paid during the last year?
 a. SSI
 b. TANF
 c. EITC
 d. Medicaid



cpetit11

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Answer to Question 1

C

Answer to Question 2

c



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