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

Author Question: Hicks' Third Law of Demand states that most goods must be: a. gross substitutes. b. gross ... (Read 30 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
on: Jul 1, 2018
Hicks' Third Law of Demand states that most goods must be:
 a. gross substitutes.
  b. gross complements.
  c. net substitutes.
  d. net complements.

Question 2

Exceptions to the prohibition against cartels exist for which of the following?
 a. ocean shipping rates
  b. various agricultural products such as milk and oranges
  c. transoceanic airline routes
  d. cardboard box manufacturers
  e. a through c
  f. a through d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

e


xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Personality differences in the United States Personality differences in the United States
Gross pay calculation. Gross pay calculation.
Different types of fog found throughout the United States Different types of fog found throughout the United States
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library