If the selling price of a bushel of cranberries rises, we would expect the demand for labor in the cranberry industry to

a. increase.
b. decrease.
c. be unchanged.
d. increase by less than the corresponding decrease in supply.

a

Economics

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a. true b. false

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Using the concept of elasticity, show that a drug enforcement policy aimed at getting rid of heroin suppliers may not be very effective in reducing heroin consumption

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