This topic contains a solution. Click here to go to the answer

Author Question: A perfectly elastic supply curve a. has no relevance, since real-world supply curves are never ... (Read 230 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
A perfectly elastic supply curve
 a. has no relevance, since real-world supply curves are never perfectly elastic
  b. is a horizontal straight line
  c. is a vertical straight line
  d. is an upward-sloping straight line
  e. is not a straight line

Question 2

Today's supply curve of dorm rooms on campus is likely to be
 a. downward sloping
  b. relatively flat
  c. vertical
  d. horizontal
  e. price elastic



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bd5255

  • Sr. Member
  • ****
  • Posts: 386
Answer to Question 1

B

Answer to Question 2

C




ghost!

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
Excellent


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library