« previous next »

Author Question: Out of the three products, which product has a unitary elastic demand curve? a. Cigarettes b. ... (Read 53 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
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

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

james9437

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jul 1, 2018
Thank you :)


akemokai

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

The age-dependent curve of salivary progresterone levels in three populations. The age-dependent curve of salivary progresterone levels in three populations.
Standardization of Selected Herbal Products Standardization of Selected Herbal Products
Common Fluoride Products Common Fluoride Products
The Kuznets Curve in England and Wales, 1823–1915 The Kuznets Curve in England and Wales, 1823–1915
To find the derivative use product rule To find the derivative use product rule
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: Stroke volume - contractility definition

For a complete list of videos, visit our video library