You have new items in your feed. Click to view.
Question and answer
If a product has a short-run elasticity of supply equal to zero, then an increase in the demand for the product will: a)have no effect on price or quantity sold. b)increase price and leave quantity
sold unchanged. c)increase price and reduce the quantity sold to zero. d)leave the price unchanged and reduce the quantity sold.
If a product has a short-run elasticity of supply equal to zero, then an increase in the demand for the product will: b)increase price and leave quantity sold unchanged.
Expert answered|alfred123|Points 1641|
Question
Asked 2/17/2013 12:25:08 PM
0 Answers/Comments
Get an answer
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
In 1997, McDonald's introduced the "55-cent special." It turned out to be an unsuccessful product. In the marketplace for fast-food products, this lack of success would be an example of: a)normal profit. b)economic costs. c)consumer sovereignty. d)medium of exchange.
Weegy: In 1997, McDonald's introduced the "55-cent special." It turned out to be an unsuccessful product. [ In the marketplace for fast-food products, this lack of success would be an example of: c.Consumer sovereignty ] (More)
Question
Expert Answered
Asked 2/10/2013 10:03:13 AM
0 Answers/Comments
In a capitalistic economy: a)consumers can never be sovereign. b)markets can never be competitive. c)there is a reliance on the market system. d)the government owns the means of production.
Weegy: In a capitalistic economy: c)there is a reliance on the market system. User: The economic function of profits and losses is to: a)bring about a more equal distribution of income. b)signal that resources should be reallocated. c)eliminate small firms and reduce competition. d)tell government which industries need to be subsidized. (More)
Question
Expert Answered
Asked 2/10/2013 9:53:46 AM
0 Answers/Comments
Consider a situation where the U.S. Congress wants to place a special tax on private airplanes to increase tax revenue. This tax would be most effective in raising new tax revenues if the price elasticity of: a)supply is elastic. b)supply is inelastic. c)demand is elastic. d)demand is inelastic.
Weegy: Consider a situation where the U.S. Congress wants to place a special tax on private airplanes to increase tax revenue. [ This tax would be most effective in raising new tax revenues if the price elasticity of: d)demand is inelastic. ] (More)
Question
Expert Answered
Asked 2/17/2013 12:20:53 PM
0 Answers/Comments
27,233,422 questions answered
Popular Conversations
3 = b + 3
Weegy: (b3)2 is equal to b6. Solution: =(b3)2. =(b3)*(b3). =(b*b*b)*(b*b*b). =b*b*b*b*b*b. =b6. User: x/5 + 9 = ...
3/27/2017 7:19:00 AM| 2 Answers
The right to vote and participate in one's government is a _____ ...
Weegy: The right to vote and participate in one's government is a HUMAN right. User: Atmosphere-ocean ...
3/27/2017 11:42:28 AM| 2 Answers
Simplify the expression (x 6)^3 ?
Weegy: that's not possible! what do you need to know. [s]
3/27/2017 7:09:55 PM| 2 Answers
Which of the following best describes the small problems of daily ...
Weegy: A living will is a legal document that a person uses to make known his or her wishes regarding life prolonging ...
3/27/2017 10:05:20 PM| 2 Answers
Regarding use of the media, spin can best be defined as A. ...
Weegy: Regarding use of the media, spin can best be defined as casting a positive light on negative facts. User: Who ...
3/28/2017 8:09:07 AM| 2 Answers
Decisions should be made with little to no thought. True False
Weegy: False is a statement to a person or group made by another person or group who knows it is not the whole truth, ...
3/28/2017 11:04:20 AM| 2 Answers
With the exception of Nebraska, all states have what type of ...
Weegy: With the exception of Nevada, all states have Bicameral system. User: State governors have all of the ...
3/27/2017 12:29:46 AM| 1 Answers
Weegy Stuff
S
Points 604 [Total 705] Ratings 0 Comments 604 Invitations 0 Offline
S
Points 544 [Total 544] Ratings 0 Comments 544 Invitations 0 Offline
S
P
P
L
P
Points 264 [Total 1582] Ratings 1 Comments 254 Invitations 0 Offline
S
R
Points 205 [Total 305] Ratings 1 Comments 145 Invitations 5 Offline
S
P
P
L
P
P
Points 184 [Total 1636] Ratings 1 Comments 174 Invitations 0 Offline
S
Points 30 [Total 40] Ratings 3 Comments 0 Invitations 0 Offline
S
Points 14 [Total 14] Ratings 1 Comments 4 Invitations 0 Offline
S
P
P
Points 14 [Total 744] Ratings 0 Comments 14 Invitations 0 Offline
S
Points 13 [Total 13] Ratings 1 Comments 3 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 0 Comments 12 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.