Which of the following is likely to have the most price inelastic demand?
a. mint-flavored toothpaste
b. toothpaste
c. Colgate mint-flavored toothpaste
d. a generic mint-flavored toothpaste
b
Economics
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A comparative advantage is the ability of one person or nation to produce a good at an opportunity cost that is lower than that of another person or nation
Indicate whether the statement is true or false
Economics
In which of the following markets are external benefits most likely to exist?
A) in the market for gasoline B) in the market for ball pens C) in the market for flu shots D) in the market for cigarettes
Economics