The supply curve for products that require skilled labor and a large amount of capital is usually_______

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

Answer: inelastic

Economics

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A futures contract is essentially the same thing as a forward contract.

a. true b. false

Economics

An organization that brings together the factors of production is called

A) an industry. B) a conglomerate. C) a plant. D) a firm.

Economics