Question and answer
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand
is due to A. availability of substitutes. B. relative importance. C. necessities versus luxuries. D. change over time
The answer is A. availability of substitutes.
Ask a question
Not a good answer? Get an answer now. (Free)
Original conversation
User: The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is due to A. availability of substitutes. B. relative importance. C. necessities versus luxuries. D. change over time

Weegy: The answer is A. availability of substitutes.
jher000|Points 7880|

User: Businesses often use information such as age, income level, and occupation to sell products to certain groups of people. What is this type of information called? A. revenues B. complements C. markets D. demographics

Weegy: Age, income level, and occupation to sell products to certain groups of people is called D. demographics
jher000|Points 7880|

User: What is the effect of import restrictions on supply? A. They cause the available supply of goods to drop. B. They cause the available supply of goods to rise. C. They often cause supply to rise steeply and then drop. D. They usually do not have any lasting effect on supply.

Weegy: B- they cause the availability of the goods to drop, as the import restriction, such as a quota, restricts the amount of supply at "x" quantity. [ If the supply prior to the import restriction is at a greater amount then "x" then supply falls to meet the boundary. ]
sweetypie1431|Points 261|

User: Which of the following actions by the government constitutes a subsidy? A. a price floor on wages B. a payment to farmers for not cultivating land C. an excise tax on cigarettes D. a requirement to use lead-free fuel

Weegy: actions by the government constitutes a subsidy is B. a payment to farmers for not cultivating
Princess Mel|Points 300|

User: Which is a fixed cost? A. rent B. labor C. raw materials D. heating fuel

Weegy: A. Rent. A fixed cost is A cost that does not vary depending on production or sales levels, such as rent, property tax.
mirajane|Points 156|

User: If a seller expects the price of a good to rise in the future, the seller will A. place these goods on the market immediately. B. increase production of the good. C. store these goods until the price goes up. D. increase the price of the good now.

Weegy: B) increase production of the goods
Expert answered|innersource|Points 6879|



Question
Asked 11/29/2012 1:50:21 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
All goods and services are scarce because A. some goods cost more than others. B. resources are limited. C. things are either needs or wants. D. greedy people want too many goods.
Weegy: B. Resources are limited. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 11/29/2012 1:05:17 PM
0 Answers/Comments
Which of the following would be considered company benefits? A. payments for overtime work B. payments for company events C. payments for unemployment insurance D. payments for health insurance
Weegy: D. payments for health insurance User: What major advantage does a partnership have that a sole proprietorship does not? A. Partnerships combine partners’ assets. B. The business is easy to start up. C. Partners are not responsible for business debts. D. The business is easy to sell. Weegy: A. Partnerships combine partners’ assets. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 11/29/2012 1:34:37 PM
0 Answers/Comments
If prices rise but income stays the same, what is the effect on the quantity demanded? A. Quantity demanded increases. B. Fewer goods are bought. C. More goods are bought. D. Demand stays the same.
Weegy: If prices rise but income stays the same: B. Fewer goods are bought (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 11/29/2012 1:44:57 PM
0 Answers/Comments
A minimum price, set by the government, that must be paid for a good or service is called a _____. A. price wall B. price floor C. price field D. price ceiling
Weegy: B. price floor User: What happens to the equilibrium price when supply goes down? A. The price goes up. B. The price goes down. C. The price stays the same. D. The price goes up, and then goes down. Weegy: A. The price goes up (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 11/29/2012 2:08:53 PM
0 Answers/Comments
Which of the following is considered a cause of inflation? A. Wages go down. B. Producers raise prices to meet higher costs. C. There is not enough money in the economy. D. Demand is less than supply.
Weegy: B. Producers raise prices to meet higher costs. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 11/29/2012 2:32:23 PM
0 Answers/Comments
16,915,558 questions answered
Popular Conversations
Evaluate 6 + x if x = -2.
Weegy: The answer for -2(x + 1) for x = 1/2 is -3. User: Simplify. 2 · 2 + 0 · 4 a. 4 c. -4 b. 0 d. 1 Weegy: -2.5 ...
7/21/2014 9:03:07 AM| 3 Answers
y = 2x + 3 2y = 4x + 6 The system of equations has _____ ...
Weegy: The determinant for this system of equations is 6*1-5*1=1. User: 5x + 2y = 8 x + y = 4 If you want to solve ...
7/21/2014 12:31:57 PM| 3 Answers
What is the equation of the line, in point-slope form, that passes ...
Weegy: The "point-slope" form of the equation of a straight line is: y - y1 = m(x - x1), so y - 3 = 6(x - 8) User: ...
7/21/2014 8:48:59 AM| 2 Answers
Using directly copied and cited source material word for word is ...
Weegy: Using directly copied and cited source material word for word is known as D. plagiarizing. User: Which of ...
7/21/2014 9:50:54 AM| 2 Answers
Factor k^2 + 13k + 12.
Weegy: k^2 + 13k + 12 = (k + 12)(k + 1) User: Factor the four-term polynomial. pq - 3r + pr - 3q Weegy: pq - 3r + ...
7/21/2014 10:38:58 AM| 2 Answers
7. The biggest challenger to newspapers today is
Weegy: The biggest challenger to newspapers today is the Internet. The internet provides all source of information ...
7/21/2014 11:38:46 AM| 2 Answers
Find the product. y^4 · y^6
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
7/21/2014 12:33:31 PM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
Points 1735 [Total 20735]| Ratings 1| Comments 1725| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
Points 1653 [Total 16782]| Ratings 0| Comments 1653| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
Points 1376 [Total 13931]| Ratings 1| Comments 1366| Invitations 0|Online
S
L
1
Points 1326 [Total 3510]| Ratings 2| Comments 1306| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 1009 [Total 7186]| Ratings 2| Comments 989| Invitations 0|Online
S
1
L
Points 858 [Total 2994]| Ratings 3| Comments 828| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 797 [Total 10405]| Ratings 0| Comments 797| Invitations 0|Offline
S
1
L
Points 707 [Total 4383]| Ratings 2| Comments 687| Invitations 0|Offline
S
P
C
L
P
L
1
Points 671 [Total 5725]| Ratings 4| Comments 631| Invitations 0|Online
S
Points 247 [Total 395]| Ratings 2| Comments 227| Invitations 0|Offline
Home | Contact | Archive | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.