Suppose a 25% off sale on post-holiday merchandise creates a 50% increase in post-holiday sales. The price elasticity of demand is:

Regression analysis indicates that there are job-related characteristics that may explain some, if not all, of the wage gap between men and women, including hours worked, job tenure, career choice, and choice of college major

Briefly discuss the differences between men and women with respect to these four characteristics.

On the boundary of the utility possibility frontier, if the utility of one person increases, that of the other will decline

Indicate whether the statement is true or false