« previous next »

Author Question: In order to prove that Coca Cola and 7-Up are substitutes, one should test the __________ and get a ... (Read 24 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
on: Jul 1, 2018
In order to prove that Coca Cola and 7-Up are substitutes, one should test the __________ and get a __________.
 a. price elasticity of demand; number less than negative 1
  b. income elasticity; positive number
  c. cross-price elasticity; negative number
  d. price elasticity of demand; number greater than negative 1
  e. cross-price elasticity; positive number

Question 2

Computers and software programs are
 a. inferior goods
  b. complementary goods
  c. goods with a cross-price elasticity of demand of 0
  d. substitute goods
  e. perfectly elastic goods


succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

The Ames test for mutagenicity. The Ames test for mutagenicity.
An example of an EHR screen used to order a laboratory test. An example of an EHR screen used to order a laboratory test.
Patient having glaucoma test. Patient having glaucoma test.
Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ... Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ...
Sit-and-Reach Test for Overall Flexibility. Sit-and-Reach Test for Overall Flexibility.
Romberg test Romberg test
Video: Stages of Mitosis - Prophase, Prometaphase, Metaphase, Anaphase & Telophase

For a complete list of videos, visit our video library