If the price of a good rises by 10% and the total amount consumers spend on the good remains the same, then the good is

Suppose the market price for wheat changes, and we move from point A to point B on the wheat demand curve

If the price elasticity of wheat demand was -0.3 at point A and -0.4 at point B, what is a plausible value for the arc elasticity of demand for wheat between points A and B? A) -0.25 B) -0.35 C) -0.45 D) -0.70

A shareholder in a corporation

A) may not sell his or her share of ownership in the business without the business dissolving. B) can earn interest, but not dividends, from the profits of the business. C) is a part owner of the business. D) is personally liable for the debts of the corporation.