Tickets for the Super Bowl are an example of supply that is

A) perfectly elastic.
B) unit elastic.
C) slightly inelastic.
D) perfectly inelastic.

Answer: D

Economics

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Barriers to entry enable many monopolists to

A) charge as high a price as they want. B) make people buy more of a good than they really want. C) earn economic profits in the long run. D) manipulate the government into providing special favors for themselves.

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