Which of the following would most likely feature elastic demand?
a. heart surgery
b. a required textbook
c. fresh green beans
d. all of the above
c
Economics
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Economists studying the impact of direct pegs on trade found that direct pegs:
A) increased levels of trade by 21%. B) increased levels of trade by 44%. C) increased levels of trade by 58%. D) had no effect on trade levels.
Economics
When economic profits are zero, accounting profits are most likely:
A. positive. B. negative. C. zero. D. All of these are likely.
Economics