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Author Question: Use the information in Scenario 4.2. At what price, if any, is the demand for artichokes completely ... (Read 52 times)

kodithompson

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on: Jul 1, 2018
Use the information in Scenario 4.2. At what price, if any, is the demand for artichokes completely elastic?
 
  A) 50
  B) 30
  C) 10
  D) 0
  E) none of the above

Question 2

Which of the following public policies is an example of a price ceiling?
 
  A) Support prices for agricultural commodities
  B) Minimum wage laws
  C) Rent control program
  D) all of the above


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ghepp

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


kodithompson

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

alvinum

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Reply 3 on: Yesterday
Excellent

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