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

Author Question: More elastic means a. unchanging b. less desirable c. more desirable d. less responsive e. more ... (Read 167 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
More elastic means
 a. unchanging
  b. less desirable
  c. more desirable
  d. less responsive
  e. more responsive

Question 2

Elasticity measures
 a. whether a price increase causes quantity demanded to increase or decrease
  b. the strength of an economy's tendency to recover from recession
  c. the responsiveness of decision makers to changes in prices, income, or other variables
  d. the profitability of investment in an industry
  e. the long-run flexibility of prices in the economy



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

E

Answer to Question 2

C




kfurse

  • Member
  • Posts: 590
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library