« previous next »

Author Question: Income elasticity of demand is greater than zero for all of the following except a. restaurant ... (Read 44 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jul 1, 2018
Income elasticity of demand is greater than zero for all of the following except
 a. restaurant meals
  b. beer
  c. owner-occupied housing
  d. food
  e. rental housing

Question 2

The ability of increasing quantity supplied in response to a higher price is identical across industries.
 a. True
  b. False


Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
How Health Interacts with Income How Health Interacts with Income
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library