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

Author Question: The price of pens increases from $2 to $2.20. At the same time, the quantity of pens demanded ... (Read 234 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jul 20, 2019
The price of pens increases from $2 to $2.20. At the same time, the quantity of pens demanded decreases from 100 to 90. Demand for pens is:
◦ perfectly inelastic.
◦ elastic.
◦ inelastic.
◦ unitary elastic.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cabate on Jul 20, 2019

batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 20, 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 29% of students answer this correctly


cabate

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jul 20, 2019
Excellent


batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jul 20, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Atmospheric pressure decreases as altitude increases. Atmospheric pressure decreases as altitude increases.
For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ... For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ...
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
Time course for antibodies to the EBV viral–specific antigens. Time course for antibodies to the EBV viral–specific antigens.
Environmental Systems in Space and Time Environmental Systems in Space and Time
Time Line for Life’s Origin and Evolution Time Line for Life’s Origin and Evolution
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library