This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Perfectly elastic demand curves are irrelevant, since real world demand curves are never perfectly ... (Read 141 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jul 1, 2018
Perfectly elastic demand curves are irrelevant, since real world demand curves are never perfectly elastic.
 a. True
  b. False

Question 2

Some demand curves have constant elasticity everywhere.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: Jul 1, 2018
Correct answers!


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

world percentage of religion world percentage of religion
Tuning Curves Tuning Curves
A member of the Uru-Eu-Wau-Wau tribe in Brazil. The way of life of the world’s few remaining rain ... A member of the Uru-Eu-Wau-Wau tribe in Brazil. The way of life of the world’s few remaining rain ...
World Climates—An Overview World Climates—An Overview
Classic Supply - Demand Curve Classic Supply - Demand Curve
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Video: Mutations and translation

For a complete list of videos, visit our video library