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

Author Question: For a normal good, the quantity demanded (Read 52 times)

M1ch3a

  • Full Member
  • ***
  • Posts: 130
on: Oct 12, 2022

Question 1

When national income falls, sales of vacation packages also fall, even at constant prices. This fact suggests that the ________ elasticity of demand for vacation packages is ________.
◦ cross; positive
◦ price; positive
◦ price; negative
◦ income; negative
◦ income; positive

Question 2

For a normal good, the quantity demanded
◦ rises when income falls.
◦ falls when income rises.
◦ rises when income rises.
◦ does not change when income rises or falls.
◦ responds inversely to changes in income.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by M1ch3a on Oct 12, 2022

ad2018

  • Full Member
  • ***
  • Posts: 189
Reply #1 on: Oct 12, 2022
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 49% of students answer this correctly


M1ch3a

  • Member
  • Posts: 130
Reply 2 on: Oct 12, 2022
:D TYSM

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Summation of Heart Sounds, Normal Physiological Split of S2 Summation of Heart Sounds, Normal Physiological Split of S2
(A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone (A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone
Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry. Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry.
A comparison of (a) uniform, cup-shaped, normal erythrocytes A comparison of (a) uniform, cup-shaped, normal erythrocytes
The Normal Distribution of Scores for a Standardized Intelligence Test The Normal Distribution of Scores for a Standardized Intelligence Test
A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ... A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ...
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library