Homework Help: Economics

Posted by Zach Ketchup on Thursday, April 12, 2012 at 10:35am.

A music store holds a half-price sale on all CDs. During the sale, people buy more CDs than usual. What does this event show?

A. inelasticity of demand
B. the substitution effect
C. the law of demand
D. the income effect

Economics - Anonymous, Saturday, June 2, 2012 at 1:05pm
Not A

Answer this Question

Related Questions

Math - I have a math problem. Joleen saved $85 dollars from babysitting to spend...
Math - Henry went to two different music stores to buy some new CDs. At Store A ...
maths - you are at the music store looking for CDs. the store has CDs for $10 ...
Algebra 1 - A store offers a 15% discount on all items in the store during a ...
math - A store offers a 15% discount on all items in the store during a sale. ...
math - A store offers a 15% discount on all items in the store during a sale. ...
English - 1. If you want to buy books, to which floor do you have to go? - I ...
7th grade math Ms. Sue last two questions thanks - 15. In Store A, a book that ...
Math - A record stores sells CDs for $12 each.A music club offers 5 free CDs and...
math - John and Paul work together at a music store. In one afternoon, they sold...

For Further Reading

First Name:
School Subject:
Answer: