Unemployment that develops as old industries die off is known as ________

Assuming the inverse demand function for good Z can be written as P = 90 - 3Q, when P = 20, the point price elasticity of demand is equal to (approximately):

A) -0.22. B) -0.29. C) -0.67. D) -4.5.

The purpose of antitrust laws is to

a. reduce anticompetitive activities b. increase anticompetitive activities c. guarantee worker safety d. promote quality products e. prevent large-scale production