When the expenditure schedule is too high, the result is a(n)

An economist estimates that 0.67 is the price elasticity of demand for disposable diapers. This suggests that disposable diaper producers could

a. advertise more to raise the price elasticity of demand b. encourage more parents to use cloth diapers c. lower the price of disposable diapers to raise more revenue d. raise the price of disposable diapers to raise more revenue e. increase revenue by lowering price elasticity of demand

Which of the following is not a valid explanation for the high unemployment rate among African American teens?

A. discrimination B. concentration in inner cities where job opportunities for less-skilled workers are inadequate C. lack of desire to work D. minimum wage law