Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
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
. If the price elasticity of supply for wheat is less than 1, then the supply of wheat is a. inelastic. b. elastic. c. unit elastic. d. quite sensitive to change in price
Weegy: c. unit elastic. User: Other things equal, the demand for a good tends to be more inelastic, the a. fewer the available substitutes. b. longer the time period considered. c. more the good is considered a luxury good. d. more narrowly defined is the market for the good Weegy: d. more narrowly defined is the market for the good (More)
Question
Expert Answered
Asked 9/3/2012 6:57:47 PM
0 Answers/Comments
If the price elasticity of supply is zero, then a. supply is more elastic than it is in any other case. b. the supply curve is horizontal. c. the quantity supplied is the same, regardless of price. d. a change in demand will cause a relatively small change in the equilibrium price.
Weegy: If the price elasticity of supply is zero, then the quantity supplied is the same, regardless of price. jcsites.juniata.edu/faculty/gao/practicetest_micro5.pdf (More)
Question
Expert Answered
Asked 9/3/2012 6:53:02 PM
0 Answers/Comments
Baseballs and baseball bats are substitute goods. True/False
Weegy: False, baseballs cannot be used in place of baseball bats. User: An increase in the price of pizza will shift the demand curve for pizza to the left. True/False (More)
Question
Expert Answered
Asked 9/3/2012 7:20:40 PM
0 Answers/Comments
The negative relationship between price and quantity demanded a. applies to most goods in the economy. b. is represented by a downward-sloping demand curve. c. is referred to as the law of demand. d. All of the above are correct.
Weegy: d. All of the above are correct. User: Please define elasticity of demand. Provide an example. Weegy: "Price" Elasticity of Demand which is the measure of responsiveness in the quantity demanded for a commodity as a result of change in price of the same commodity. Some goods are elastic or inelastic. [ Like a life saving surgery would be extremely inelastic (you would want to do it at any price) while a dollar would be extremely elastic (you wouldn't pay two dollars for a dollar, etc). Most goods are somewhere in between. ] (More)
Question
Expert Answered
Asked 9/3/2012 7:03:18 PM
0 Answers/Comments
17,968,492 questions answered
Popular Conversations
How is the infinitive phrase used in the sentence? Morning is the ...
Weegy: To go to college is my greatest ambition. The infinitive phrase "to go to college" is used as noun as subject. ...
10/24/2014 11:04:05 AM| 5 Answers
Simplify. n 6 · n 5 · n 4 ÷ n 3 · n 2 ÷ n User: Find the ...
Weegy: What is your question? User: Simplify. y 5 ÷ y 3 · y 2 Weegy: y^5 ? y^3 ? y^2; y^8 ? y^2 = y^6 User: ...
10/24/2014 11:04:16 AM| 4 Answers
Brandon's huge collection of paper cranes come from his origami ...
Weegy: The correct sentence is: Brandon's huge collection of paper cranes comes from his origami hobby. User: ...
10/24/2014 7:48:30 AM| 3 Answers
William H. Crawford represented which ...
10/24/2014 7:25:41 AM| 2 Answers
Is the sentence compound, or is it simple with a compound verb? You ...
Weegy: Verb is a word (part of speech) that in syntax conveys an action (bring, read, walk, run, learn), an occurrence ...
10/24/2014 7:51:29 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2605 [Total 14980]| Ratings 0| Comments 2605| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1628 [Total 11109]| Ratings 4| Comments 1588| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 896 [Total 13125]| Ratings 0| Comments 896| Invitations 0|Offline
S
L
Points 613 [Total 2012]| Ratings 0| Comments 613| Invitations 0|Offline
S
1
L
L
Points 505 [Total 6299]| Ratings 3| Comments 475| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 454 [Total 455]| Ratings 6| Comments 394| Invitations 0|Offline
S
Points 277 [Total 277]| Ratings 1| Comments 267| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
L
Points 34 [Total 3572]| Ratings 2| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.