Total revenue is equal to
a. price elasticity of demand multiplied by quantity
b. price elasticity of demand divided by quantity
c. price of the good divided by quantity
d. price of the good multiplied by quantity
e. price elasticity of demand multiplied by price of the good
D
Economics
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The phenomenon of underutilization of labor during a recession is called
A) labor stockpiling. B) investing in human capital. C) labor force stabilization. D) labor hoarding.
Economics
Which of the following best describes chattel slavery?
(a) It provided protected property rights to the slaves. (b) It offered property rights to the slave owners. (c) It involved the establishment of a voluntary contract between slave and slave owner. (d) It created wealth for the slave and slave owner.
Economics