For which of the following is demand most likely to be price inelastic?
a. lamb
b. meat
c. veal
d. pork
e. beef
B
Economics
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Refer to the table above. If the price of a chair decreases to $5 and the rental price of machines is $50 per day, up to how many machines should the firm rent?
A) 2 B) 3 C) 5 D) 7
Economics
Which of these forms of financing is generally not employed by very large firms?
A) commercial paper B) medium-term notes C) public debt D) mezzanine funds
Economics