Recent Posts • Latest Topics • Unanswered Questions

You have to decide whether to buy shares in a company selling surfboards or a company selling roller ...

asjstr

wrote...

Go to Answer

Posts: 465

Rep:

3 years ago

You have to decide whether to buy shares in a company selling surfboards or a company selling roller ...

You have to decide whether to buy shares in a company selling surfboards or a company selling roller blades. Assume that the income elasticity for roller blades is -0.2 and the income elasticity for surfboards is 1.2. Most economists are predicting that consumer income will rise over the next few years. How would economists classify these two goods? Also, which company should you invest in, and why?

Textbook

Essential Economics for Business

Edition: 5^th

Authors: Sloman, Jones

Read 37 times

1 Reply

Report

Replies

Answer verified by a subject expert

mace

wrote...

Posts: 383

Rep:

3 years ago

More solutions for this book are available here

1 Vote

attaudl

Report

Related Topics

asjstr Author

wrote...

3 years ago

Smart ... Thanks!

Loruiz15

wrote...

Yesterday

Helped a lot

taydav

wrote...

2 hours ago

This site is awesome

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1221 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

235

244

192

Your Opinion

Previous poll results: Who will win the 2024 president election?

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.