If demand is inelastic and the price of a product decreases by 10 percent, then
A) the change in quantity demanded is less than 10 percent.
B) the change in quantity demanded is equal to 10 percent.
C) the change in quantity demanded is greater than 10 percent.
D) the decrease in quantity demanded is greater than 0 percent.
A
Economics
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Insolvency is a condition where a firm's
A) liabilities are greater than assets. B) assets are greater than liabilities. C) assets are equal to liabilities. D) liabilities are less than or equal to assets.
Economics
Refer to the figure below. 
In the figure, a business cycle peak is shown by which point(s)?
A. D only B. A and C and E C. E only D. B and D
Economics