Which of the following has a more elastic supply in the short run? a. Hospitals or mobile

Question:

Which of the following has a more elastic supply in the short run?
a. Hospitals or mobile clinics?
b. Purebred dogs or pet rabbits?
c. On-campus courses or online courses?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

See More Books

Question Posted: Sep 21, 2024 06:02 AM

See More Questions

Name the types of consumer decision-making processes. List some products you have bought using each type. Have you ever bought a product on impulse? If so, describe the circumstances.
GMW Auto manufactures luxury cars and trucks. The company believes that its most likely customers are high-income women and men. To reach these groups, GMW Auto has embarked on an ambitious TV...
Under the entity theory, a total valuation of the subsidiary is imputed on the basis of the price paid by the parent company for its controlling interest. Do you see any practical or conceptual...
Which of the following has a more elastic supply in the short run? a. Hospitals or mobile clinics? b. Purebred dogs or pet rabbits? c. On-campus courses or online courses?
Halsey Company sells women's clothing. Halsey's strategy is to offer a wide selection of clothes and excellent customer service and to charge a premium price. Halsey presents the following data for...
calculate the balance for each month Assume you are an erratic saver. You make the following deposits: Month 1 1 3 6 7 8 70 Amount, $ 200 90 70 75 85 Your bank pays 6% per year, compounded monthly....
Draw the price effect and the quantity effect for a price change from $10 to $20. Which effect is larger? Does total revenue increase or decrease? No calculation is necessary.
Suppose that the price of peanut butter rises from $2 to $3 per jar. a. The quantity of jelly purchased falls from 20 million jars to 15 million jars. What is the crossprice elasticity of demand...
In which stage in the family life cycle would the purchase of the following products and services be most closely identified? (a) Bedroom furniture, (b) Life insurance, (c) A Caribbean cruise, (d) A...
JAX Inc. has provided the following data for the year ended May 31, 2022. Sales $1,200,000 Purchase of raw materials 600,000 Cost of goods manufactured 700,000 Selling and admin expenses 250,000...
A manufacturing company has two production departments, Fabrication and Assembly and 3 service departments as Stores, Time Office and Maintenance. The departmental overheads summary for the month of...
QUESTION 1 The following balances were obtained from the books of Endo Corp. as at December 31, 2023: $ $ Goodwill 200,000 Premises 400,000 10% Debenture (2028) 160,000 Retained Earnings 55,500...
The discussion of EFN in the chapter implicitly assumed that the company was operating at full capacity. Often, this is not the case. Assume that Rosengarten was operating at 90 percent capacity....
Q 13.10: A firm has three outstanding debt issues, with the following characteristics: At issue Current % of debt % of debt cost cost using par using current rate rate value market value Issue 1 6%...
Radioactive wastes are packed in a long, thin-walled cylindrical container. The wastes generate thermal energy non-uniformly according to the relation q = q v [1 (r/r o ) 2 ], where q is the local...
Vince, Inc. has developed and patented a new laser disc reading device that will be marketed internationally. Which of the following factors should Vince consider in pricing the device? I. Quality of...
Suppose a perpetual bond pays $3000/yr to its owner. What is the price of the bond at 5 percent interest? At 6 percent?
Suppose a majority of investors do not care whether the companies whose stock they own do business in China. How, if at all, will the rate of return on stocks that do business in China differ from...
If the interest rate on taxable government consoles is 10 percent, what will happen to the price of an existing tax-exempt government consol if the government reduces everyones marginal tax rate from...
Change your previously created invoice back to the default (i.e, Part X is taxable, Part Y is non-taxable, customer/invoice is taxable). Which of the following situations are taxable or non-taxable?...
aty of books in October the Det D 000 00.000 Data table Data table Activity Assembly 67-200 Tal Assembling Produ Mandard bookcase Produced Materials Cests Laber Caste of Parts 000 1400 20.000 1.800...
14 Not yet answered Marked out of 1.00 Flag question Where an entity wants guidance and the IRS responds by answering the entity's question by publishing the results for the general public to provide...

Which of the following has a more elastic supply in the short run? a. Hospitals or mobile

Question:

Step by Step Answer:

a Mobileclinics The supply of mobile clinics can be ...View the full answer

Microeconomics

Students also viewed these Economics questions