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Author Question: If something is addictive, then A) price and demand are inversely related. B) price elasticity of ... (Read 66 times)

Shelles

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

C

Answer to Question 2

c


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