When supply is perfectly elastic, the value of the price elasticity of supply is
a. 0.
b. 1.
c. greater than 0 and less than 1.
d. infinity.
d
Economics
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Which of the following is true?
a. Decision making should never be centralized b. If you decide to centralize the decision making authority, figure out a way to keep information hidden from it c. If you decide to centralize the decision making authority, figure out a way to transfer information to the third party d. If you decide to centralize the decision making authority, figure out a way to transfer information to the decision maker
Economics
Individuals play ____ in causing pollution
a. almost no role b. a large but decreasing role c. a major role d. a reconstructive role
Economics