Selling a good abroad below the price charged in the home market, or at a price below the cost of production is called

Part-time workers are considered both a part of the labor force and employed

Indicate whether the statement is true or false

If a small percentage change in the price brings a very large percentage change in the quantity supplied, then the supply is almost perfectly ________ and the supply curve is almost ________

A) elastic; vertical B) elastic; horizontal C) inelastic; horizontal D) inelastic; vertical E) elastic; 45 degrees