1. Sports car
2. Cocaine
3. Diamond rings
4. Crude oil
5. Brioni suits
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in each of the following pairs, which good has a lower elasticity of supply? bicyles vs....
5. In each of the following pairs, which good has a lower elasticity of supply? You do not need to explain your answer. a) Bicycles vs. sports cars. (2%) b) Cocaine vs. condoms. (2%) c) Diamond rings vs. t-shirts. (2%) d) Pencils vs. crude oil. (2%) e) Brioni suits vs. Gucci sunglasses. (2%)
4. Assume the income elasticity of demand for a particular good is -1.5, which of the following is correct? A. This is a normal good. B. This is an inferior good. C. A 10% fall in income would imply a15% increase in purchases. D. Both B and D are correct. 5. The law of demand states that, holding everything else constant, an increase in the price of a good will a. cause a surplus. b. cause a shortage. c. decrease...
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Complete the following table by selecting the term that matches each definition. Quantity Supply Supply Law of Supplied Curve Schedule Supply Definition A graphical object showing the relationship between the price of a good and the amount that sellers are willing and able to supply at various prices The amount of a good that sellers are willing and able to supply at a given price price of that good rises A table showing the relationship between the price...
Predict which complex in each of the following pairs will have the lower energy d-d transition; give brief explanation of your reasoning: a. [Mn(CN)6] or [Mn(H20)6]3* b. Cr(PH3)6 or Cr(PF3)6 c. [Nb(H20)6]3+ or [Ta(NH3).]3+ d. [Ni(H20)4]+ or [Cu(H2O)4]3+
5.(20pts) () For each of the following pairs, state which has the greater Van der Waals "a", which has the greater van der Waals "b", and which has the greater T: (a) He or Ne, (b) ethane (8) or propane (g),(c) H2O(g) or H,S(g) (ii) Read Sections 8,3 and 8.4 in Levine's Textbook. The normal boiling point of benzene is 80°C. and the density of liquid benzene at 80 °C is 0.81 g/cm? Estimate Po Te amd Vme.
Use the table below to answer the following questions. Table 3.5.3 CoolU Demand and supply schedules for designer sport t-shirts at Quantity Demanded month) Price Quantity Supplied (dollars per 4shirt) (t-shirts per month) (t-shirts per 150 160 170 180 190 200 210 220 230 240 240 220 180 160 140 120 10 12 38) Refer to Table 35.3. A new store opens up on the edge of campus, Great Wild North Sportswear, 38)_ which has the capacity to do as...
Predict which element in each of the following pairs has the larger ionization energy K or Br S or Te Ga or Se Ne or Sr
8. Indicate which compound in each of the following pairs has the higher value of the specified property. If the two compounds in a pair have nearly the same value for the property, indicate that fact. Explain your conclusions. a. methyl propanoate, pentanal boiling point b. methyl butanoate, hexanal solubility in water methyl pentanoate, hexanoic acid solubility in water d. methylpropanoate, butanoic acid boiling point
3. Gains from trade Consider two neighboring island countries called Euphoria and Arcadia. They each have 4 million labor hours available per week that they can use to produce rye, jeans, or a combination of both. The following table shows the amount of rye or jeans that can be produced using 1 hour of labor. Initially, suppose Arcadia uses 1 million hours of labor per week to produce rye and 3 million hours per week to produce jeans, while Euphoria uses 3...
For each of the following pairs of substances, determine which has the larger molar entropy at 298 K: (A) Br2(l) or (B) Cl2(g) (C) Fe(s) or (D) Ni(s) (E) C2H6(g) or (F) C2H4(g) (G) CH4(g) or (H) CCl4(g) (I) MgO(s) or (J) HgO(s) (K) NaCl(aq) or (L) MgCl2(aq) Enter the six letters in order (e.g. ACEGIK, BDFHJL, etc.)