« previous next »

Author Question: Which one of the following is true? a. Nike has a more inelastic demand curve than shoes b. The ... (Read 29 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jul 1, 2018
Which one of the following is true?
 a. Nike has a more inelastic demand curve than shoes
  b. The demand curve for gas is more elastic in the short-run than in the long-run
  c. Cigarettes have a more elastic demands than televisions
  d. Salt has a more inelastic demand than meat

Question 2

Managerial economics seeks to accomplish all of these goals EXCEPT:
 a. identify the alternatives
  b. select the choice that accomplishes the objective most efficiently
  c. take into account the opportunities
  d. take into account the likely actions & reactions of rival decision makers
  e. all of the above


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
The Radioactive Decay Curve The Radioactive Decay Curve
Video: Pneumonia Animation

For a complete list of videos, visit our video library