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Author Question: Out of the three products, which product has a unitary elastic demand curve? a. Cigarettes b. ... (Read 65 times)

james9437

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on: Jul 1, 2018
Out of the three products, which product has a unitary elastic demand curve?
 a. Cigarettes
  b. Alcohol
  c. Sodas
  d. None of the above

Question 2

Receiving 100 at the end of the next three years is worth more to me than receiving 260 right now, when my required interest rate is 10.
 a. True
  b. False


akemokai

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


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james9437

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Reply #2 on: Jul 1, 2018
Thank you :)


akemokai

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Reply #3 on: Jul 1, 2018
Happy to help you


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