An upward-sloping trend line depicts long-run economic growth

Indicate whether the statement is true or false

T

Economics

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The long-run price elasticity of demand for electricity is ________ the short-run price elasticity of demand for electricity

A) greater than B) less than C) equal to D) not comparable to E) unrelated to

Economics

Which of the following markets would reach long-run equilibrium fastest?

A) online retail B) auto dealers C) oil extraction D) World Series tickets

Economics