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Demand
Page 2
Questions (136)
The demand for desk lamp is linear,and the price of desk is
$30.the demand curve for desk lamp then shifts out parallel to itself
1 answer
asked by
Nan
487 views
If the demand is x(p)=40(p-15^2) with p being the price and x being hte demand, what would the elasticity of demand equation be?
1 answer
asked by
Maddie
330 views
UnConstrained factors of demand
3 answers
asked by
Jr
26 views
The elasticity of demand with respect to price for a commodity is constant and is equal to 2. Find the total revenue function,
1 answer
asked by
loise
429 views
the demand function, P=20-0.5Q Determine the price elasticity of demand when P=2
1 answer
asked by
EMERIC
451 views
There are two brothers, Joe and Marc who both like candy. When Joe shops he always spends $10 on candy When Marc shops he always
1 answer
asked by
Emily
414 views
college students rush and buy discount furniture to take advantage of a one day sale
shift of the demand curve or movement along
1 answer
asked by
kussmodar
438 views
Students buy significantly more ice cream filled cakes after the cake producer announces it is going bankrupt
shift of the demand
1 answer
asked by
kussmodar
377 views
A craftsman who makes guitars by hand finds that when he prices his guitars at $1 comma 400
, his annual revenue is $2
3 answers
asked by
AOL
57 views
Based on only the information provided, characterize the demand for the following goods as being more elastic or more
13 answers
asked by
AOL
81 views
The demand for rice in Japan for a particular year was estimated by the general function q = f (p) =Ap^(-0.13), where p
2 answers
asked by
Merfit
956 views
Suppose that the cross price elasticity of demand between ski lift tickets and ski rentals is negative 0.20 What would you
5 answers
asked by
AOL
50 views
Upper A
5 percent increase in the price of digital apps reduces the amount of tablet devices demanded by 9 percent. The cross
3 answers
asked by
AOL
71 views
The demand for a commodity generally decreases as the price is raised. Suppose that the demand for oil (per capita per year) is
1 answer
asked by
Anonymous
1,087 views
The price elasticity of demand for restaurant meals is 1.5 for type A consumers and 0.9 for type B consumers. If a resturabt
3 answers
asked anonymously
37 views
Question 17 of 20
5.0 Points On a linear demand curve, demand is ________ at small quantities than it is at the middle of the
3 answers
asked by
tg
575 views
Which of the following is an example of market size affecting demand?
A. Restaurant visits drop after a causes a city to be
2 answers
asked by
Mitchel
561 views
Factors may reduce the demand for opec overtime
1 answer
asked by
Motso
400 views
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive,
3 answers
asked by
bree
1,062 views
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive,
1 answer
asked by
bree
461 views
Consider the Linear demand function Q = 20 - 0.5P
c- Using calculus, find the level of output, Qrmax, where total revenue reaches
3 answers
asked by
alejandro guzman
937 views
1. If average movie attendance is 250 million when prices are $7 a ticket and 200 million when prices are $9 a ticket, the
4 answers
asked by
tania
1,394 views
Price
Quantity $50 300 40 600 20 800 10 1,000 According to the above demand schedule, if price falls from $20 to $10, then
1 answer
asked by
Ashaki
400 views
An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for
2 answers
asked by
Ricky
582 views
a decrease in demand for a product, holding other things constant, will
3 answers
asked by
anthony
1,108 views
if the price elasticity of demand for a cup of tea is equal to 3, how would you interpret this result?
1 answer
asked by
Becky
257 views
What does the price elasticity of demand measure?
Part 2 A. The amount that the demand curve shifts when there is a change in
3 answers
asked by
AOL
52 views
Current increases in the price of gasoline are expected to persist indefinitely.
Based only on this information, the long
3 answers
asked by
AOL
47 views
which of the following factors will not lead to a decrease in demand for a good?
A) an increase in the price B) a decrease in the
2 answers
asked by
Ed
695 views
according to the law of demand,when the price of an item goes up,the quality demanded?
1 answer
asked by
ashleigh
350 views
Pharmaceutical drugs have an inelastic demand, and computers have an elastic demand. Suppose that technological advance doubles
3 answers
asked by
Rob
1,406 views
Pharmaceutical drugs have an inelastic demand, and computers have an elastic demand. Suppose that technological advance doubles
2 answers
asked by
Rob
1,033 views
The price elasticity of demand for imported whiskey is estimated to be -0.20 over a wide interval of prices. The federal
2 answers
asked by
Anonymous
532 views
determine by how much the demand for Florida Indian River oranges would change as a result of a 10 percent increase in the price
1 answer
asked by
Mary
458 views
1. The principle that states that the more you have of something, the less satisfaction you will get from an
additional unit is
4 answers
asked by
Candace
1,657 views
What can you conclude about elasticity of demand for rail service:
Rail service has always been a losing proposition in Canada.
1 answer
asked by
amy
435 views
Will products that are important to us and that have no close substitutes have elastic or inelastic demand?
Is the answer
3 answers
asked by
Maria
465 views
Suppose that 200 gallons of gasoline are demanded at a particular price. If the price drops by 1 percent, the quantity demanded
3 answers
asked by
Lupe
511 views
If there is a price change of 30% and the quantity demanded decreases by 50%, then the elasticity of demand is _____.
Is this
2 answers
asked by
John
888 views
Define homebuilders elastic and inelastic features
1 answer
asked by
Dana
713 views
Explain why elasticity of demand is such an important concept to marketers who sell a commodity product. What pricing strategies
2 answers
asked by
Greg Bibbee
542 views
I know this might be basic.....but I am still not sure about subject of elasticity? How do I know the effect, if no price or
1 answer
asked by
Jami
455 views
Indicate how you think each of the following would shift demand in the indicated market:
a.Incomes of buyers in the market for
2 answers
asked by
Tiff
1,124 views
From the following, which item would have elastic demand?
A. Desk B. Exercise book C. Correctional fluid D. Biros
4 answers
asked by
Raven
54 views
the demand for ground chuck(hamburger) in a certain region of the US is given by q= 3.41p^-0.22. is the demand for ground chuck
2 answers
asked by
Melissa
1,326 views
Suppose your income increases from $60,000 to $72,000, and your quantity demanded of a product increases from 4 to 5. What is
2 answers
asked anonymously
37 views
Differentiate between individual demand and market demand giving examples each
1 answer
asked anonymously
31 views
Which changes will cause demand for a product to rise in a free market economy?
Choose all answers that are correct. Responses an
1 answer
asked anonymously
62 views
According to the law of demand, what role do low prices serve for buyers?
a.supply b. reward c.substitute d.penalty
1 answer
asked by
trippie
60 views
With the concept of supply and demand, what term can be used to describe how much people desire a product or service? (1 point)
1 answer
asked anonymously
25 views
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Parent Categories (11)
Economics
Labor Market
Market Forces
Market Size
Microeconomics
Population
Price
Pricing
Principles
Roles
Supply and Demand