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Author Question: If the demand curve for comic books is expressed as Q = 10,000/p, then demand has a unitary ... (Read 57 times)

scienceeasy

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If the demand curve for comic books is expressed as Q = 10,000/p, then demand has a unitary elasticity
 
  A) only when p = 10,000.
  B) only when p = 100.
  C) always.
  D) never.

Question 2

If the demand for orange juice is expressed as Q = 2000 - 500p, where Q is measured in gallons and p is measured in dollars, then at the price of 3, the demand curve
 
  A) is elastic.
  B) has a unitary elasticity.
  C) is inelastic.
  D) is perfectly inelastic.


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cat123

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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