Which of the following terms refers to price elasticity of demand calculated over a range of prices?

Along an indifference curve for goods X and Y, the vertical and horizontal axes measure the:

a. prices of X and Y. b. total utilities of X and Y. c. quantities of X and Y. d. marginal utilities of X and Y.

Of the following examples, which would most likely be performed by an economist working for the U.S. Federal Trade Commission?

A) forecasting employment trends in New England B) assessing whether Amazon should build its new headquarters in New York or Texas C) analyzing data related to a potential merger of two companies D) using economic models to forecast future inflation rates.