Given percentage change in supply and the price elasticity of supply, percentage change in equilibrium price is zero if demand curve is perfectly inelastic.

Answer the following statement true (T) or false (F)

False

Economics

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The above table gives some of Tammy's total and marginal utilities from comedy videos. Which of the following statements is TRUE?

A) Tammy's marginal utility from the third comedy video is equal to 580/3. B) Tammy's total utility from five comedy videos is 800. C) Tammy's marginal utility from the first comedy video is less than her marginal utility from the third comedy video. D) None of the above answers are correct.

Economics

What special role does the president play in creating fiscal policy?

What will be an ideal response?

Economics