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.
Get an answer
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
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
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
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
Expert Answered
Asked 11/29/2012 2:08:53 PM
0 Answers/Comments
17,950,096 questions answered
Popular Conversations
Manhattan Island is __________. A. the largest island in Canada B. ...
Weegy: the manhattan island is the most highly populated island in north america. letter D would be the best answer. ...
10/22/2014 8:51:05 AM| 9 Answers
Arabian glass, which authorities believe appeared in the second half ...
Weegy: Obsidian, which was used by early man to make arrowheads, is a naturally occurring glass. 'which was used by ...
10/22/2014 10:45:16 AM| 3 Answers
What is the center of the circle that has a diameter whose endpoints ...
Weegy: The center of the circle that has a diameter whose endpoints are (2, 7) and (-6, -1) is (-2, 3) User: ...
10/22/2014 10:50:52 AM| 3 Answers
Perform the indicated operation. (8c 2 - 2c - 15) ÷ (4c + 5) = ...
Weegy: 3-3 = 0 User: Cool Scoops ice cream shop offers 60 different one-topping sundaes. If there are 12 flavors of ...
10/22/2014 11:16:59 AM| 3 Answers
Which kingdom contains only ...
Weegy: Which kingdom contains only producers? - D. Plantae
10/22/2014 7:29:36 AM| 2 Answers
Which words in the sentence make up the adjective phrase? Which word ...
Weegy: Which words in the sentence make up the adjective phrase? Which word does the adjective phrase modify? Bees ...
10/22/2014 9:30:59 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2458 [Total 14833]| Ratings 0| Comments 2458| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1586 [Total 11067]| Ratings 4| Comments 1546| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 850 [Total 13079]| Ratings 0| Comments 850| Invitations 0|Offline
S
L
Points 524 [Total 1923]| Ratings 0| Comments 524| Invitations 0|Offline
S
1
L
L
Points 484 [Total 6278]| Ratings 3| Comments 454| Invitations 0|Online
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 431 [Total 432]| Ratings 6| Comments 371| Invitations 0|Offline
S
Points 270 [Total 270]| Ratings 1| Comments 260| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
Points 27 [Total 27]| Ratings 0| Comments 27| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.