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Author Question: The CB radio was very popular in the 1970s and 1980s for communicating while driving. People bought ... (Read 215 times)

pepyto

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on: Jul 1, 2018
The CB radio was very popular in the 1970s and 1980s for communicating while driving. People bought them because other drivers had them too and they could therefore talk with many others on their trips. This illustrates
 
  A) that the demand curve for CB radios was inelastic.
  B) the network effect.
  C) that CB radios and gasoline are complementary goods.
  D) the effects of mobile phones on the demand curve for CB radios.

Question 2

IRA stands for Individual Retirement Asset.
 
  a. True b. False


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shailee

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

B

Answer to Question 2

b


pepyto

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Reply #2 on: Jul 1, 2018
Correct answers!


shailee

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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