The market demand for wheat is Q = 100 - 2p + 1pb, where pb is the price of barley. If the price of wheat is $2, the price elasticity of demand

Rent ceilings are difficult to abolish because

A) they create such large profits for landlords. B) current renters offer political support for ceilings. C) the government doesn't like to give up the tax revenues associated with ceilings. D) they result in an efficient use of resources. E) landlords lobby to keep them in place.

The ________ a corporation keeps to finance future expansion are known as retained earnings

A) dividends B) stock C) bonds D) profits