The national debt as a percentage of GDP has remained roughly constant since the end of World War II

By connecting the cost minimizing input bundles, we get the _______________

Fill in the blank(s) with the appropriate word(s).

If New York City expects that an increase in bus fares will raise mass transit revenues, it must think that the demand for bus travel is:

a. elastic. b. unit elastic. c. inelastic. d. perfectly inelastic. e. 10.