Which elasticity measures producers' responsiveness to a change in price?

A. Price elasticity of demand
B. Cross-price elasticity
C. Price elasticity of supply
D. Income elasticity of supply

C. Price elasticity of supply

Economics

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If C = $500, I = $150, G = $100, NX = $40, and GNP = $800, how much is NFP?

A) -$10 B) -$5 C) $5 D) $10

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