The price elasticity of a vertical demand curve is always
a. infinitely large.
b. zero.
c. one.
d. increasing as price increases.
b
Economics
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Big-push development strategies rely primarily on _________ for their financing
a. government b. domestic private investment c. foreign private investment d. foreign aid e. ex-colonial centers
Economics
Marginal physical product is
a. the increase in input usage resulting from an increase in revenue. b. the same as marginal revenue product. c. equal to average physical product when a monopoly firm is in equilibrium. d. the increase in output stemming from a one-unit increase in input.
Economics