Top Posters
Since Sunday
8
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
devildoc devildoc
wrote...
Go to Answer
Posts: 157
Rep: 0 0
9 months ago

Supply of a food item increases by more than the demand for the food item increases. One thing for certain is that



▸

the price of the food item rises.



▸

income elasticity of demand is less than 0.



▸

the supply curve is price inelastic.



▸

real income falls as a result.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 70 times
1 Reply
Replies
Answer verified by a subject expert
Hope89Hope89
wrote...
#1
Posts: 141
Rep: 0 0
9 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

devildoc Author
wrote...

9 months ago
Helped a lot
nsak
wrote...

Yesterday
this is exactly what I needed
halyna
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1167 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 228
  
 279
  
 254