Every society must follow some kinds of criteria to determine who gets what. Examples of such criteria include

A) age.
B) gender.
C) height.
D) willingness to pay.
E) all of the above.

E

Economics

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The greater the availability of close substitutes for a product, the greater the price elasticity of demand for that product

a. True b. False

Economics

If the courts apply the per se criterion to a firm that dominates a market but does not engage in anticompetitive behavior, it would not find the firm to be in violation of the antitrust laws

Indicate whether the statement is true or false

Economics