Which of the following goods is likely to have the least elastic demand over the relevant range of prices?

The experience of the Soviet Union proves that higher education

a. always leads to productivity increases. b. always raises per capita GDP growth. c. has different effects. d. has positive effects.

Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant, Ziva helps people organize their houses. Due to the popularity of her home-organization services, Farmer Ziva has more clients requesting her services than she has time to help if she maintains her farming business. Farmer Ziva charges $25 an hour for her

home-organization services. One spring day, Ziva spends 10 hours in her fields planting $130 worth of seeds on her farm. She expects that the seeds she planted will yield $300 worth of lettuce. Ziva's economic profit from farming equals a. $-130. b. $-80. c. $130. d. $170.