The demand for a good is more price elastic
a. the shorter the time the consumer has to adjust to price changes
b. the lower the price of the good
c. the fewer the number of good substitutes
d. the less essential the nature of the good
e. if the supply is more price elastic
D
Economics
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In the above figure, the economy is initially at point B. If the exchange rate falls, there is
A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.
Economics
Who is the seller in a primary market and who is the seller in a secondary market?
What will be an ideal response?
Economics