Question
Demand is _____________ in the short term than in the long term. a. more elastic because goods represent a larger percentage of the consumer's budget
Demand is _____________ in the short term than in the long term. a. more elastic because goods represent a larger percentage of the consumer's budget in the short term than in the long term. b. Less elastic because goods represent a smaller percentage of the consumer's budget in the short term than in the long term. c. More elastic because consumers have less time to adapt to the change in price in the short term than in the long term. d. Less elastic because consumers have less time to adapt to the change in price in the short term than in the long term.
2. Use the following graph to answer the question. Determine the price elasticity coefficient when the price goes from $60 to $80. (Round to two decimal places)
Col X X MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Dashb G googl + C O B https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline OLOSE Getting Started , Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @LastPass password ma... C zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks Remaining Time: 2 hours, 37 minutes, 17 seconds. X * Question Completion Status: 120 5 100 - 80 60 Price (7) 40 Demand 20 - 200 401 800 1,000 1,200 Quartity O a. -0.75 O b. -1. 10 O c. -1.00 O d. -1.38 O e. -2.00 7:44 PM Search W 10/29/2023 3MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Col X Dashb G googl + X C O 8 https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline OLOSE Getting Started , Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @ LastPass password ma... C zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks X Remaining Time: 2 hours, 29 minutes, 06 seconds. * Question Completion Status: Price ($) 30 D' (M = $30,000) D (M = $25.000) 0 900 1,100 Quantity of good X O a. -0.9 O b. -1.11 O c. 0. 1818 O d. 0.20 O e. 1.11 Search W 7:52 PM 10/29/2023 3MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Cc X Dashb G googl > + X C O 8 https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline Getting Started , Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @LastPass password ma... C zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks X Remaining Time: 2 hours, 27 minutes, 20 seconds. * Question Completion Status: $ 40 30 MC Marginal benefit and cost (dollars) 20 10 MB A 100 200 300 400 500 Activity A O a. este nivel maximiza el beneficio neto. O b. la actividad puede reducirse en una unidad y el beneficio neto aumentara por $10. O c. la actividad puede aumentarse en una unidad y el beneficio neto aumentara por $10. O d. la actividad puede aumentarse en una unidad y el beneficio neto aumentara por $25. O Search W 7:54 PM 10/29/2023 3MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Col X Dashb G googl + X C O B https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline OLOSE Getting Started , Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @LastPass password ma... C zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks X Remaining Time: 2 hours, 17 minutes, 52 seconds. * Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 40 30 MC Marginal benefit and cost (dollars) 20 10 - MB A 0 100 200 300 400 500 Activity A O a. este nivel maximiza los beneficios netos O b. la actividad puede reducirse en una unidad y el beneficio neto aumentara por $10 Search W 8:03 PM 10/29/2023 3MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Col X Dashb G googl + X C O 8 https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline OLOSE Getting Started a, Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @LastPass password ma... C zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks X Remaining Time: 2 hours, 17 minutes, 49 seconds. * Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 20 Marginal benefit and 10 MB A 100 200 300 400 500 Activity A O a. este nivel maximiza los beneficios netos O b. la actividad puede reducirse en una unidad y el beneficio neto aumentara por $10. O c. la actividad puede aumentarse en una unidad y el beneficio neto aumentara por $10. O d. la actividad puede aumentarse en una unidad y el beneficio neto aumentara por $25. A Moving to another question will save this response. > Search W 8:03 PM 10/29/2023 3MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Cc X Dashb G googl > + X C O B https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline OLOSE Getting Started , Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @LastPass password ma... C zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks X Remaining Time: 2 hours, 16 minutes, 47 seconds. * Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 A Moving to another question will save this response. > Question 17 5 points Save Answer Utiliza la siguiente tabla. Si el precio disminuye de $200 a $150, determina el coeficiente de elasticidad precio de la demanda. (Redondea a dos lugares decimales) Precio Cantidad Demandada $200.00 1000 150.00 1400 100.00 1800 O a. -0.88 O b. -1.0 O c. -1.14 O d. -2.5 O e. -3.0 A Moving to another question will save this response. > Search W 8:04 PM 10/29/2023 3MOL Bright Gogo (5125) Ash's W Alex 8 mot Janie Watch G Googl Solicitud S Coffee Cor X Dashb G googl + X C O B https://interbb.blackboard.com/ultra/courses/_440411_1/cl/outline OLOSE Getting Started a, Amazon.com - Online... B. Booking.com @ Express VPN @ Mcafee Security @LastPass password ma... O zoey 101 White Chocolate Cre.. Praline Buttercream R... >> 0Other Bookmarks X Remaining Time: 1 hour, 47 minutes, 37 seconds. * Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Engineers () Market Researchers (R) Additional Additional Worker New Products Worker New Products 1 st 240 15 50 200 70 ard 160 60 4th 100 Ith 50 $th 40 $th 40 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt V Ev v V . .. E E E E x2 X2 + X EX: TT () O + O Search MOUB W 8:34 PM 10/29/2023 3Step by Step Solution
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