The price for tickets of a sold-out event increase by 30% but quantity sold remains unchanged. The price elasticity of demand equals

If half of all unemployed individuals suddenly gave up looking for work, the unemployment rate would ________ and the labor force participation rate would ________

A) decrease; decrease B) decrease; increase C) increase; decrease D) increase; increase E) There is not enough information to answer this question.

Potential solutions to sell a high-quality used car include

a. offering a warranty b. selling through a reputable dealer c. documenting the complete repair history d. all of the above