Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Jchanis15 Jchanis15
wrote...
Go to Answer
Posts: 148
Rep: 0 0
2 years ago


Short description: Four graphs titled, diagram 1, diagram 2, diagram 3, and diagram 4. Long description: In the first graph, the horizontal axis representing quantity ranges from 0 to 25, in increments of 5. The vertical axis representing price ranges from 0 to 24, in increments of 2. The graph shows a decreasing line, D that passes through the following points: (0, 20), (5, 15), (10, 10), (15, 5), and (20, 0). The region from (0, 20) to (10, 10) on the line represents (a) and the region from (10, 10) to (20, 0) on the line represents (b). In the second graph, the horizontal axis represents the quantity and the vertical axis represents the price. The graph shows a vertical line, D that lies at a moderate quantity value. In the third graph, the horizontal axis represents the quantity and the vertical axis represents the price. The graph shows a concave up decreasing curve, D that passes through the following points: (5, 20), (10, 10), and (20, 5). In the fourth graph, the horizontal axis represents the quantity and the vertical axis represents the price. The graph shows a horizontal line, D that lies at a moderate price value. Note: All values are approximated.

FIGURE 4-2

Refer to Figure 4-2. There is good reason to suppose that, of the four goods whose demand curves are shown in the figure, the good that has an almost perfect substitute is shown in



▸ diagram 1

▸ diagram 2

▸ diagram 3

▸ diagram 4

▸ There is not enough information to determine this.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 65 times
1 Reply
Replies
Answer verified by a subject expert
snowcat012snowcat012
wrote...
#1
Posts: 144
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Jchanis15 Author
wrote...

2 years ago
Thanks
Marctheshark
wrote...

Yesterday
Helped a lot
jaray75
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  361 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 270
  
 358
  
 290
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 437
Previous poll results: Which country would you like to visit for its food?