OLED television prices rise by 10 percent, and in response the quantity of those OLED televisions supplied increases by 5 percent. The supply elasticity for OLED television sets in that price range is

During recessions, the value of collateral decreases and corporate profits decrease, so firms do not have cash to finance new investment projects. Therefore, credit rationing depends on the state of the economy. This situation is known as the

A) risk acceptance cost. B) lender's dilemma. C) default premium. D) financial accelerator.

Control of a scarce resource or input can serve as an entry barrier

a. True b. False Indicate whether the statement is true or false