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

Author Question: During the winter of 2014-2015, the price of fuel oil increased enormously but the quantity demanded ... (Read 57 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: May 24, 2019
During the winter of 2014-2015, the price of fuel oil increased enormously but the quantity demanded decreased only a little. This response indicates that the demand for fuel oil was
◦ inelastic.
◦ elastic.
◦ unit elastic.
◦ perfectly elastic.
◦ perfectly inelastic.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nummyann on May 24, 2019

bblaney

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: May 24, 2019
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.
Answer Preview
Only 45% of students answer this correctly


nummyann

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: May 24, 2019
Thank you!


bblaney

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

The downward movement of the piston draws the air–fuel mixture into the cylinder through the ... The downward movement of the piston draws the air–fuel mixture into the cylinder through the ...
An oscillating needle 1 or 2 inches Hg below normal could indicate an incorrect air–fuel mixture ... An oscillating needle 1 or 2 inches Hg below normal could indicate an incorrect air–fuel mixture ...
Distribution of zebra and quagga mussels in North America in 2014 Distribution of zebra and quagga mussels in North America in 2014
Natural gas is a cleaner fuel than coal Natural gas is a cleaner fuel than coal
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: Renal Failure

For a complete list of videos, visit our video library