The name of Andrew Carnegie is most closely associated with



A. the steel industry.
B. the rubber industry.
C. the meatpacking industry.
D. the chemical industry.

A. the steel industry.

Economics

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What does the vertical intercept of a production possibilities frontier represent?

What will be an ideal response?

Economics

To maximize its profit, a monopoly should choose a price where demand is:

a. elastic. b. inelastic. c. unitary elastic. d. vertical.

Economics