Safari File Edit View History Bookmarks Window Help 11171 Q Mon Dec 12 4:30 PM ocmoodle.oldscollege.ca C + 88 H Oliv... Less... C Nam ... Final Ex... Das... Sign... Sol.. D DAZ... Wat.. HDO... 90 Wat ... UFC... G Wha... OLDS COLLEGE 3 Emmanuel Mukolo OF AGRICULTURE & TECHNOLOGY My Courses Olds College Resources Student Support ECN 1010-41-40118 (FA22) Quiz navigation Question 1 Use the information in this Grid to complete the Matching Not yet answered Participants 3 5 6 Questions: Points out of 10.00 Flag question 8 9 10 17 12 Reaction to a 1 % CHANGE in PRICE INCOME Grades Elasticity White Matrix Beef Pork Chicken Fresh Barbecue Income Veggies Sauce Rice 13 14 G ECN 1010 - Microeconomics Response in Quantity -0.915 0.088 0.134 0.057 -0.254 0.032 0.781 DEMANDED Beef Pork 0.143 -0.755 0.094 0.245 0.024 0.045 0.378 Economics Toolkit Finish attempt ... Response in Quantity Chicken 0.341 0.103 -0.474 -0.178 0.012 0.056 0.843 DEMANDED Fresh Chapter 1 - The Economic 0.078 0.012 0.156 -1.278 0.251 0.022 1.421 Veggies Problem Response in Quantity Barbecue 0.012 0.011 0.023 0.002 -0.9865 0.012 0.384 DEMANDED Sauce PM White 0.114 0.104 0.142 0.254 0.253 -0.347 -0.567 Chapter 2 - Demand and Rice Supply: An Introduction Chapter 3 - Demand and What is the Demand Elasticity for PM Supply: An Elaboration Pork? Choose... What is the Demand Elasticity for Fresh Chapter 4 - Elasticity Veggies? Choose... PM Chapter 5 - Consumer If the Price of Beef goes up by 10% Choice how much Chicken will be Choose... purchased? Chapter 6 - A Firm's An example of complimentary goods Production Decisions and is: Choose... PM Costs in the Short Run An example of substitute goods is: Choose.. Q X 6 0 12 4 O W XLSXSafari File Edit View History Bookmarks Window Help 11171 Q 8 Mon Dec 12 4:31 PM Student Support ECN 1010-41-40118 (FA22) What is the Demand Elasticity for Choose... Participants Pork? 0.134% What is the Demand Elasticity for Fresl Barbecue Sauce Grades Veggies? Pork and Chicken G ECN 1010 - Microeconomics If the Price of Beef goes up by 10% Barbecue Sauce and Beef how much Chicken will be Fresh Veggies PM Economics Toolkit purchased? Beef An example of complimentary goods Chicken Chapter 1 - The Economic is: 1.34% Problem An example of substitute goods is: -.0178 PM 3.41% G Chapter 2 - Demand and What is the Cross Price Elasticity value -1.278 Supply: An Introduction for Fresh Veggies when the price of White Rice Chicken increases? -0.755 Chapter 3 - Demand and Which good(s) is/are inferior by 0.156 PM Supply: An Elaboration economic definition? 0.341% Chapter 4 - Elasticity Which good(s) is/are deemed luxurious by economic definition: Choose... PM Chapter 5 - Consumer Given the Elasticity of Demand Choice values - what good(s) is/are Elastic? Choose... Given the Elasticity of Demand values - Chapter 6 - A Firm's what good(s) is/are closest to Unitary? Choose... Production Decisions and PM Costs in the Short Run 1 6 12 4 9 wSafari File Edit View History Bookmarks Window Help \"11171 L I 2 - Mon Dec12 4:31 PM D i ocmoodle.oldscol|ege.ca El Final Ex\