A market demand curve shows how the total quantity demanded of a good varies as

If a firm is successful in its efforts to reduce the price elasticity of demand for its product, all else constant, the optimal markup that can be used in setting price will increase

Indicate whether the statement is true or false

Although it may be difficult to draw causal relationships, still statistical evidence shows that, over time,

a. there is no relationship between levels of saving and economic growth b. there is an inverse relationship between levels of saving and economic growth c. higher levels of saving are associated with lower levels of economic growth d. lower levels of saving are associated with lower levels of economic growth e. lower levels of saving are associated with higher levels of economic growth