If price elasticity of supply is large and demand is price-inelastic, then the firm can earn positive profits by increasing the price
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following is considered a financial intermediary?
a. The Federal Reserve b. A bankruptcy court c. The U.S. Department of Commerce d. A credit union e. A foreign exchange
Economics
Beginning in 1990, the Federal government:
A. Decreased the annual immigration quota from 700,000 to 500,000 B. Increased the annual immigration quota from 500,000 to 700,000 C. Increased the annual immigration quota from 250,000 to 500,000 D. Increased the annual immigration quota from 500,000 to 1 million
Economics