« previous next »

Author Question: Consider the following products. Which of them has the flattest demand curve? A) insulin B) ... (Read 45 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jul 1, 2018
Consider the following products. Which of them has the flattest demand curve?
 
  A) insulin
  B) alcohol
  C) cigarettes
  D) butter

Question 2

A vertical demand curve for a particular good implies that consumers are
 
  A) sensitive to changes in the price of that good.
  B) not sensitive to changes in the price of that good.
  C) irrational.
  D) not interested in that good.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Insulin Types and action times Insulin Types and action times
Natural Products Natural Products
Canada's Major Fertilizer Producers and their Products Canada's Major Fertilizer Producers and their Products
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
Some of the Various E. coli Genes and Their Products or Role in Replication Some of the Various E. coli Genes and Their Products or Role in Replication
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library