The current supply of Rembrandt paintings:

a. is perfectly elastic
b. is elastic.
c. is unit elastic.
d. is perfectly inelastic.

d

Economics

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Peru is presented in the video as an example of a country in which:

A. changes in inflation rates are not as mild as they are in the United States. B. hyperinflation wiped out the local currency completely. C. changes in inflation rates tend to be milder than they are in the United States. D. the rate of inflation is tied directly to the rate of inflation for the U.S. dollar.

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Name two occupations that have the two characteristics required for the superstar phenomenon

Economics