« previous next »

Author Question: The cross-price elasticity between movie tickets and video rentals is positive. a. True b. False ... (Read 192 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
The cross-price elasticity between movie tickets and video rentals is positive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An economic profit of zero implies:
 a. normal profit.
 b. the firm is covering both explicit and implicit costs.
 c. the firm's revenues are sufficient to compensate the money and time that the owners put into the business.
  d. all of the above


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

dollx

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Jun 30, 2018
Thank you :)


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Number of positive, negative, and neutral images recalled by younger, middle-age, and older adults. ... Number of positive, negative, and neutral images recalled by younger, middle-age, and older adults. ...
Fascial stretching techniques. (A) Cross-hand dual direction stretch. (B) Pin and stretch with the ... Fascial stretching techniques. (A) Cross-hand dual direction stretch. (B) Pin and stretch with the ...
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
Tickets for the school play were $3 for students and $5 for all others. The box office sold 750 ... Tickets for the school play were $3 for students and $5 for all others. The box office sold 750 ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Cross-section of the spinal cord Cross-section of the spinal cord
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library