The price elasticity of demand helps determine the effect of price changes on a firm's
a. property taxes
b. profits
c. quantity supplied
d. revenues
e. total costs
D
Economics
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Economists attempt to discover explanations for events that are observed.
a. true b. false
Economics
One problem with the unemployment rate is that:
A. discouraged workers are included in the calculation. B. the data includes part-time workers as fully employed. C. underemployment is measured in the calculation. D. teen workers are excluded from the statistics.
Economics