If a 6 percent decrease in the price leads to a 5 percent increase in the quantity demanded, the price elasticity of demand is

What is meant by the term "incentives," and why are they important?

What will be an ideal response?

The horizontal portion of the short-run aggregate supply curve in which there is excessive unemployment and unused capacity in the economy is

A) Say's law. B) the classical short-run aggregate supply curve. C) the Keynesian short-run aggregate supply curve. D) exists when prices are flexible.