Which of these measures the responsiveness of the quantity of one good demanded to an increase in the price of another good?
A) price elasticity.
B) income elasticity.
C) cross-price elasticity.
D) cross substitution elasticity.
C
Economics
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Which of the following is a feature of a perfectly competitive market?
A) There is only one seller of a commodity. B) The government rations commodities. C) Commodities are auctioned to the highest bidder. D) Each seller is too small to influence the market price.
Economics
Mobile sources
a. are major contributors to the formation of photochemical smog b. release only small amounts of NOX and VOCs c. play a minor role in the smog problem of Los Angeles d. have not been linked scientifically to smog formation
Economics