Author Question: Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve. a. ... (Read 71 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not an explicit cost for the owner of a local pizza parlor?
 a. flour
 b. cleaning products
 c. other uses for the land that the parlor sits on
  d. pizza ovens



samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

True

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library