Which of the following is a determinant of price elasticity of demand?
a. Availability of substitute goods
b. Excess capacity
c. Scale of production
d. Inventories
e. Cost of production
a
Economics
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The money supply, as measured by M1, consists almost entirely of currency
Indicate whether the statement is true or false
Economics
According to economic theory, which of the following types of discrimination is the easiest to eliminate?
A. Discrimination that saves the firm money B. Discrimination based on correctly perceived statistical characteristics of a group C. Discrimination based on individual characteristics that do not affect job performance D. Discrimination based on individual characteristics that affect job performance
Economics