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

Author Question: If quantity demanded for rice falls by 2 when price increases 8, we know that the absolute value of ... (Read 63 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
If quantity demanded for rice falls by 2 when price increases 8, we know that the absolute value of the own-price elasticity of rice is:
 a. 2.5.
  b. 0.25
  c. 4.0
  d. 0.40.

Question 2

The moral hazard in team production arises from
 a. poorly designed team membership
  b. lack of proper assignment of individual tasks
  c. disorganization in groups
  d. a conflict between tactically best interest and one's duty
  e. insufficient experience


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


nenivikky

  • Member
  • Posts: 516
Reply 2 on: Jul 1, 2018
Wow, this really help

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Risk for falls Risk for falls
Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading. Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading.
Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ... Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ...
Solid foods like fortified infant rice cereal and oatmeal Solid foods like fortified infant rice cereal and oatmeal
Salmon with rice and salad Salmon with rice and salad
Beta-carotene pathway in Golden Rice 2 Beta-carotene pathway in Golden Rice 2
Video: Nucleic acid digestion - brush border enzymes, end products & transport mechanism

For a complete list of videos, visit our video library