When European markets refused to allow U.S. beef to be imported because U.S. cows had been fed government-approved hormones, this was an example of

What does a perfectly elastic demand curve look like? A perfectly inelastic demand curve? Explain

What will be an ideal response?

If an increase in the price of one input causes an increase in demand for labor, the two inputs are

A) complementary. B) substitutes. C) interchangeable. D) flexible.