Holding everything else constant, government approval of horizontal mergers is more likely to be granted if the "market" that firms are in are broadly defined rather than narrowly defined

We calculate the price elasticity of demand as the

A) ratio of the percentage change in the quantity demanded to the percentage change in price. B) change in quantity divided by the change in price. C) ratio of the percentage change in the price to the percentage change in quantity. D) percentage change in the quantity demanded divided by the percentage change in income. E) equilibrium quantity divided by the equilibrium price.

Melanie is a reporter. She is writing an article on a certain issue. She, however, interviewed only those people who have the same opinion as she does on that particular issue. This is an example of a(n) ________ bias

A) attenuation B) distinction C) attentional D) confirmation