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

Author Question: Short-run demand for electricity can be quite elastic because consumers can change when they consume ... (Read 92 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
Short-run demand for electricity can be quite elastic because consumers can change when they consume electricity.
 
  Indicate whether the statement is true or false

Question 2

Anthropologist E. T. Hall in his book The Silent Language said that:
 
  a. What people do is more important than what they say
  b. Silence is meaningful
  c. Conflict is everything
  d. Beware of underlying messages


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 1, 2018
Answer to Question 1

F Even with time-of-use pricing, consumers often don't even know the price of electricity and their lack of responsiveness to price changes keeps their demand inelastic.

Answer to Question 2

A


kshipps

  • Member
  • Posts: 571
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Piercey-Normore and DePriest discovered that some lichens readily change partners. Piercey-Normore and DePriest discovered that some lichens readily change partners.
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
The change in the net of an irradiance, in Wm-2, at the tropopause The change in the net of an irradiance, in Wm-2, at the tropopause
The Global Impact of Climate Change The Global Impact of Climate Change
Elastic/inelastic #5 Elastic/inelastic #5
Video: Inflammation

For a complete list of videos, visit our video library