Which of the following nations had the largest share of exports as a percentage of its GDP in 2012?

The table above gives the demand schedule for peas. Between point C and point D, the price elasticity of demand is

A) elastic. B) unit elastic. C) 0.75. D) 3.00.

If a supplier faces a perfectly horizontal demand curve and sets his price slightly higher than the demand curve itself, he can expect

a. no change in his total revenues b. everyone to begin buying his product c. a complete loss of revenues d. a new demand curve e. a relative increase in income