If, as a consumer, Jeannine is very sensitive to changes in the price of pineapples,
A) her demand is price elastic.
B) her demand is price inelastic.
C) her supply is price elastic.
D) her supply is price inelastic.
A
Economics
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The price of salsa rises. How does the increase in the price of salsa affect the supply of salsa?
A) The supply of salsa increases. B) The supply of salsa decreases. C) There is no change to either the supply of salsa or the quantity of salsa supplied. D) There is no change to the supply of salsa, but the quantity of salsa supplied increases. E) There is no change to the supply of salsa, but the quantity of salsa supplied decreases.
Economics
What does the takings clause indicate as far as why and how private property can be seized?
What will be an ideal response?
Economics