For suppliers, the ________________ elasticity is greater than the _____________ elasticity because they have ______________

Which of the following is an example of search costs?

A) Isabel knows that other neighbors' sleep patterns must also be affected by the howling dogs in her neighborhood and sets out to find those neighbors. B) Isabel is bound and determined to to find out which of her neighbors owns the howling dogs that are preventing her from getting a full night's slee

Which of the following is true of the crises experienced in the 1990s?

a. Most of the economic crises occurred in Mexico. b. Each of the countries affected by the crisis in Southeast Asia owed substantial long-term debt to foreigners. c. During this time, bank loans were a sizable fraction of GDP in all the crisis countries except Mexico. d. Stock prices dropped by an amount ranging from 21 percent in Malaysia to 35 percent in Korea. e. Exchange rate against the U.S. dollar dropped substantially in the Philippines.