When Dr. Katy Stack treats a military veteran at a veterans' administration hospital, the money she receives is part of the _________ category(ies) of government spending

The efficiency loss that occurs when a market is monopolized is known as:

a. a deadweight loss. b. an inventory loss. c. an economic loss. d. a non-economic loss. e. a capital loss.

The formula for price elasticity of demand that is used in practice

a. usually drops all minus signs. b. usually takes on different values at different points on the demand curve. c. may calculate the percentage change in price between P1 and P2 as "(P2 ? P1) as a percentage of (P1 + P2)/2." d. All of the above are correct.