Question and answer
A large increase in gas prices creates a demand for cars with good gas mileage. It takes months for car companies to make these cars. How do you describe this market for cars? A. inelastic B.
elastic C. static D. inferior
A. inelastic
Get an answer
Original conversation
User: A large increase in gas prices creates a demand for cars with good gas mileage. It takes months for car companies to make these cars. How do you describe this market for cars? A. inelastic B. elastic C. static D. inferior

Weegy: A. inelastic
abhik1100|Points 685|

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 is an example of government influence on supply? A. law of supply B. subsidies C. marginal costs D. market supply curve





Weegy: Subsidies. The government basically funds,in all or in part, an industry's production.
Expert answered|liveyourlifeeasy|Points 21|

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: The seller expects rise in price of a good he will increase production of the good.
Expert answered|liveyourlifeeasy|Points 21|

User: Due to an increase in her rent, Isa needs to cut back her spending on other items. Which of the following types of goods will Isa consume less of? A. substitutes B. normal goods C. inferior goods D. complements

Weegy: Isa will need to spend less on complements
Expert answered|liveyourlifeeasy|Points 21|

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

Question
Asked 12/26/2012 3:10:49 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 these products or services is likely to have an inelastic supply in the short run? A. cargo ships B. haircuts C. newspapers D. staples
Weegy: A product with elastic supply is one where the price you offer will have a strong impact on whether the seller will sell. A. cargo ships User: How does an increase in an excise tax on cars affect the supply of cars? A. More cars will be made. B. Fewer cars will be made. C. Supply will stay the same. D. Supply will increase. Weegy: B. Fewer cars will be made is how an excise tax will affect supply of cars (More)
Question
Expert Answered
Asked 12/26/2012 3:00:18 PM
0 Answers/Comments
Free market economy?
Weegy: hi.welcome to weegy?what is your questions about economy?thanks for using weegy User: what is a free market economy? Weegy: hi.welcome to weegy?what is your questions about economy?thanks for using weegy (More)
Question
Not Answered
Updated 164 days ago|6/11/2014 12:35:35 PM
1 Answer/Comment

A free market economy is an economy in which the allocation for resources is determined only by their supply and the demand for them.

Added 164 days ago|6/11/2014 12:35:35 PM
This answer has been confirmed as correct, not copied, and helpful.
18,410,558 questions answered
Popular Conversations
. What is the value of 4 cubed? A. 24 B. 43 C. 64 ...
Weegy: The answer is C. 125,000,000 User: What is the value of 324? A. 1,048,576 B. 18 C. 128 D. ...
11/22/2014 4:52:09 PM| 3 Answers
Who is the prime minister of India?
Weegy: Manmohan Singh is the 13th and current Prime Minister of India. User: National flower of India?
11/22/2014 1:28:06 AM| 2 Answers
One of the major advantages of VANs is cost. True or False
Weegy: What is false? Do you have a question for Weegy? User: True or False One of the major advantages of VANs is ...
11/22/2014 2:06:05 AM| 2 Answers
293.55 is 51.5% of what number?
11/22/2014 3:36:30 AM| 2 Answers
When purchasing merchandise for resale for cash, record the ...
Weegy: User: When purchasing merchandise for resale for cash, record the transaction in the Answer: Business documents ...
11/22/2014 6:52:09 AM| 2 Answers
The _____ is the smallest interval in Western music. half ...
Weegy: In Western music, intervals are most commonly differences between notes of a diatonic scale. User: Which types ...
11/22/2014 9:44:17 AM| 2 Answers
Which of the following best describes the advantage of having data ...
Weegy: a. The number of digits that can be included within the data best describes the advantage of having data ...
11/22/2014 11:03:31 AM| 2 Answers
Dissonant harmonies tend to resolve to consonant ...
Weegy: Dissonant harmonies tend to resolve to consonant harmonies. This is false. User: Woodwinds and _____ are wind ...
11/22/2014 3:43:53 PM| 2 Answers
A colon can be used to combine two clauses when you use it to ...
Weegy: A colon can be used to combine two clauses when you use it to represent the word is letter c. and h
11/22/2014 3:31:35 PM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2298 [Total 14009]| Ratings 10| Comments 2198| Invitations 0|Offline
S
L
Points 1276 [Total 3562]| Ratings 0| Comments 1276| Invitations 0|Offline
S
L
Points 694 [Total 1215]| Ratings 6| Comments 634| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 685 [Total 14059]| Ratings 0| Comments 685| Invitations 0|Offline
S
Points 443 [Total 475]| Ratings 1| Comments 433| Invitations 0|Online
S
1
L
L
Points 211 [Total 6605]| Ratings 0| Comments 211| Invitations 0|Offline
S
L
Points 150 [Total 1446]| Ratings 3| Comments 120| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
S
Points 40 [Total 40]| Ratings 4| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.