Using the table above, what is the elasticity of demand between the prices of $6 and $4?

To what phenomenon does "Solow's Paradox" refer?

A) the failure of the Solow growth model to incorporate endogenous growth variables B) the absence of any measured effect of new computer technology on productivity statistics. C) the absence of any long term effect of saving on economic growth rates in the Solow growth model D) the failure of the Solow growth model to predict non-convergence of poor countries

If the government regulates the price a monopoly can charge, and the price ceiling is set below what the competitive market price would be, then

A) a shortage will exist. B) a surplus will exist. C) producer surplus is maximized. D) consumer surplus is maximized.