Which was not a factor in causing the Great Depression?
a. the end of a boom in construction
b. the crash of the stock market
c. a struggling agriculture sector
d. structural weakness in the banking system
e. All of the above were factors causing the Great Depression.
e. All of the above were factors causing the Great Depression.
Economics
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Price discrimination exists when
A) a firm charges different buyers different prices for its product but the costs are the same. B) each buyer is treated equally. C) sales are made below cost. D) a firm charges each buyer a price of the product in proportion to its costs.
Economics
A perfectly elastic demand curve has a price elasticity of demand coefficient of:
A. zero. B. infinity. C. greater than 1, but less than infinity. D. less than 1, but greater than zero.
Economics