What is the difference between stock and flow measures?
What will be an ideal response?
Stock measures are valued at a particular point in time, while flow measures are valued over a period of time.
Economics
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When negative network externalities are present
A) the demand curve is more elastic than otherwise. B) the demand curve is less elastic than otherwise. C) the demand curve shifts to the right. D) the demand curve shifts to the left.
Economics
The marginal rate of substitution ____ as one moves downward along the indifference curve
a. increase b. remains constant c. decreases d. increases and then decreases
Economics